Current market cap only $13m. Torrecillas must be worth twice this, even at a big discount. Get Enho (with costs last year at $1000/oz and even with lower grades must be still well under $1700) and the pending approval open pit for free. Very panicked selling by some over recent days. If/when approval process on track, sp could immediately rerate to >10 cps. Even if no approval, focus on Torrecillas should also see a rerate. In this worst case, Torrecillas CR should avoid any going concern issues.
MUN Price at posting:
4.6¢ Sentiment: Buy Disclosure: Held