ORP have 199mil on issue atm say 210mil with a likely placement shortly, as for your valuation, agree 100%, were looking at the second biggest undevloped gold mine in the region & the market is valuing it at $6mil lol, $40-$50mil is fair value & thats not counting further upgrades down the track.
Only scraps pushing it down to new lows, will jump back up just as easily, good buy oppertunity for those that want exposure to a cheap potential upcoming producer.
Scopying study due & ANTAM talks still underway, sp is factoring nothing in atm.
ORP Price at posting:
3.0¢ Sentiment: Buy Disclosure: Held
