Emotions aside there would seem to be some meat left on this dog.
At a market cap just shy of $14m there is room in the sale price of Big Springs.
Even if they got half price that could bring in $30m on the lower estimates, which is two and a half times current market price. Or 5c a share.
Just going on my last email there must be more gold hanging around which could help pay for the next production program at SF. And if they can make a big dent on diluted ore with the new split face mining strategy we could see higher yield and more profit.
As nk said, we would just need to get past the $3m loan obstacle.
Good luck to everyone. Fingers crossed.
AWV Price at posting:
2.0¢ Sentiment: None Disclosure: Held
