I find it very interesting that the geo they employed the other day actually helped BHP set up the Gemco project next door.
As per their recent preso a 50mt deposit would have to mean they would be worth at least $1.5 Billion, possibly even $3Billion when you compare the logistic advantages of this project to the existing producers.
So whats that on say 120m shares (existing shares and options)- $12.50 per share?
Of course they will need to raise a significant amount of capital at some point to develop it. But there does look like plenty of upside here to come, despite the solid run up so far.
WTN Price at posting:
72.0¢ Sentiment: LT Buy Disclosure: Held