Dipped my toe into this one today as a very small punt. Even after the CGT disaster I'm willing to give this one a go due to the market cap and cash position. Also massive infrastructure and a ready to go plant. Best comparison would be MCO which has a cap of around $80 mil. Like the decline here vs shaft at MCO. A massive upside if they can pull 7-8g/t as you get the lot for around $8mil( cap - cash).
Must be a bloody masochist!!
ORS Price at posting:
13.4¢ Sentiment: Hold Disclosure: Held
