significant low risk upside21 Mar 2018 21:18
Just got back from the MB presentation. A few take aways:
- 3 project all past the high risk exploration stage
- total npv in region of 10x current market value, and in the process of being upgraded
- intention to develop, but obviously open to offers along the way
- MH feasibility update due within couple of weeks/months (he managed to state both!), and aiming to secure full project funding (�50m ca.) this year, whic in turn means production end 2019
- also progress updates on PM and K in near term
- reassuring aussie in style and delivery and style, down to his boots
- all in all very positive and I for one is going to enjoy the ride