Cash backing is virtually 20c, meaning that all tenament and exploration activity is currently valued @6c (or $900,000).
50c may not represent a justified price, but nor does 26c.
Pricing to par currently is in the 32-40 range.
I have today bought more of the options, plus some of the Ords.
Also bought back into GML today @19.5 and 20, sold out again of SAU (57.5, after re-entering at last week's post announcement lows), and re-sold WCP having bought back yesterday @20.
WTN Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
