At 26500 oz trading at 4 times cashflow.About average. But of course the upside comes from the growth baked into the business model.
The blizzard of dilution, some of it needless, is alarming. Goes to crdiblity of management.
I mean, if the financial metrics are legit, why did you need to throw in those 26 million 25 cent warrants. The converts were a bargin without it.
Have n't gone though sedar finlings yet. Hopefully I won't find more dilution,.