RE: Allenby note - sizeable discount to valuation21 Nov 2025 12:13
•Flags near-term alluvial gold production potential
•Blue Mountain: >91% gold recovery, exploration upside of 100,000+ oz
•Raglan turnkey project acquired for £0.53m, includes mill & equipment
•Potential Q1 2026 production start-up
•Combined Blue Mountain + Raglan could deliver strong early cashflow
•Allenby valuation: £11.3m / 0.42p per share vs current £5.7m mcap
•“Excellent scope for near-term positive newsflow”
All the best (quite a list that, scapes the surface......! :)