Time for a new heading.
With a resource value of $280,000,000 equals a take over value of appx 1.75cps.
T/O value is 10% of in-ground value.
So the market is selling this at a huge discount.
This is buying time not selling. This IMO should be holding around the 1.2cps mark, which would be more reasonable at current status.
JMO
take over value = 1.75cps
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