RE:Getting a handle on dilutionThat would put SKE at 30% of NPV at the current gold price give or take. Not a screaming bargain but not expensive either. I'd expect a double of the share price this year getting SKE to 60% of NPV give or take. I'd like to see a pullback to 20% of NPV again to load up once more. There's a lot that could go right and a lot that could go wrong given the state of the economy, world, politics, central banks etc so I wouldn't chase price just yet.
This would be a pretty good position for SKE to be in with a best of breed mine, share count and upside exploration potential. Just be sensitive to what one pays as we've had these moves before that came undone quite quickly