Compelling buy case23 Nov 2023 12:51
At £3m valuation they are funded into Q1 production starting, I'm struggling to see any downside from these levels
Just on their JORC i think i saw a valuation of $260m odd based on low grade low end estimates, could be multiples of that. Then you start expanding that JORC, something like 113m carats based on historical data the valuation is very mouth watering
When you look at £3m company value i think this could do many multiples from 1.3p in 2024