RE: Valuation29 Aug 2019 08:48
I wouldn't think it will be proved to be best value as good royalty companies will generally do very well in the long term,but it will enable us to start building a mine without dilution.What it does do is give the market an initial valuation and we will have already shown Orion the "funding Package" which we now know is already available,probably verbally agreed from elsewhere .This is absolutely huge news and very unusual in the junior mining/exploration sector,to have an explorer suddenly promoted to a financed miner in one hit. It's a bit like getting promoted from non league football to an automatic promotion place in the championship.i.e all we have to do is be a bit savvy and we will guarantee ourselves the Premiership.