Yeah I feel your very wrong.
The shares on issue is a problem in terms of traders. Market cap determine the stock could easily run to around 10 cents if they hit something of substance so the issued shares is not a killer. I usually avoid companies with large shares on issue but there are special circumstances where you can break the rules.
As I posted previously we have licenses locked on the El Paso Corridor which in then runs down to Havieron. They had a very substantial hit which shows their is mineralisation that runs along strike.
The 100% owned licenses could be more valuable than the Rio JV ground and I bet they will be wanting to tie those grounds up with another favourable JV for Antipa.
Maybe have a read into Havieron.
The value adding won’t just be related to the Winu adjacent grounds. It’s the 100% owned licenses that are running on strike from Winu to Havieron that could bring up the big surprise.
https://www.mining-journal.com/discovery/news/1351316/greatland-up-on-new-havieron-results
Paterson Region: New road into Rio Tinto’s hush, hush find in Pilbara, page-157
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