RE: A short history of nearly everything16 Apr 2026 01:17
Just from experience Edzi, ive seen SOLG/GGP/KOD through the motions and the latter two all the way from discovery to production, and at the point where it becomes obvious that a project is economically viable, and almost certain to go to production you tend to see a JV offer or large cash injection and a Mcap of £50-£150m before it cools of. It seems (to me at least) from the recent results that Kalayi is for sure going to be JV'd or sold with a production royalty this year, and as such the current £25m MCAP is waaaaaaaaaaaay to low. I guess the market was happy waiting for the official assays before pricing this in, but Charles's interview seems to have jump started the action.
Long may it continue