RE: Well done those that held20 Feb 2023 17:24
Silly for sure. MCAP now in same ball park as ORR, ROCK and GWMO. GRL (recently issued £2,4M CLNs) with a little over 5Koz production in 2022 has an MCAP £15M (GCAT 3.6Koz - MCAP £5M). SGZ with 8.6Koz production in 2022 has an MCAP of £25M (net debt position of £12.6M). Explorers like CORA, COBRA, ECR, EEE, etc, etc, with greater MCAPS. Really need that prospectus and Philoro funding. Am £15K down currently here. The 'big' guys SHG (65.2Koz 2022 and gross debt of US$24M - MCAP £112M) and THX (98Koz 2022 and debt of $28.4M - MCAP £106M). GLA, Dan