The MC of KIS feels about right, TGN is still $50 millover fair...

The MC of KIS feels about right, TGN is still $50 mill
over fair value for mine (although institutional holdings provide a bit of stability).

So on straight peer analysis we are underpriced.  However when you factor in SEI has a clear path to production it looks even cheaper.

Should be some sort of update this week.  Such a tough deal to pull off for such a tiny explorer so if Russell can get it over the line it will be a bril liant feat.  But let's not kid ourselves it's an extremely speculative stock so no guarantees.