Ann: Junior Mineral Exploration Incentive Bill Update, page-33

This is a micro cap with heaps of upside. Results are due very soon.
$6m cash, so the enterprise value is peanuts here. We forget there is only something like 57m shares on issue with a drill program in a known gold field you would expect to see from a mid tier player. Half the company is owned in the top 20. This should respond well to ongoing news imo. I think it’s off radars. If Blackcat finds hundreds of thousands of ounces of gold with this program, it could be a buck quick smart and it would still only be capped at approx $57m . Bring on the results. Dyor.