Upcoming cla announcements which in my opinion suggests we are currently undervalued not at fair value or 5 percent over
- a scoping study for a resource that has the potential to support a greater than 2Mtpa operation and factors in great infastructure in a mining friendly jurisdiction of Africa where operating costs are lower than most
- a resource upgrade, only 10km out of the 100km strike used in maiden jorc. Noting that we may have a potential sweet spot to the north and we are still hitting cobalt along the strike
- the longer out look has to many possibilities with buy outs, strategic partners to go mining with etc so keeping the lid on those thoughts
Anyways we all have our views on whether we are under or overvalued. In my opinion this has a long way to go and plenty of upside so I'm holding and can't wait to see the scoping study at the back end of this quarter
Ann: 121 Mining Investment Hong Kong Presentation, page-19
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