Undervalued?7 Jan 2021 07:49
Seems strange that there is no hype around this share ?????
- Drilling right now (possibly completed in another 10 days)
- $2m grant to almost fully fund it
- possibility of drill results by end of Feb, definitely by end May
- $50m NPV on Cane Creek alone
- Mcap of just £4m, with £2.5m in cash recently raised (I believe only £700k needed to be used for this drill?)
- impressive CEO, who seems to be on the ball and looking to turn things around
I understand issues with the whole Rose legacy, I was here for a short time at over 2p a few years ago. But surely this is completely undervalued right now? Or am I missing something?