RE:RE:overvalued...I would say impact itself has been on care and maintenance since 2013 waiting for their time to shine. That explains reduced production, reduced exploration as well as delayed recomencement of Capire.
Give Impact management credit when it is due - Fred and co. have 20 million in their coffers and they unleashed the biggest exploration program in Impact's history. The trick is to grow Impact in a way that won't attract the usual carnivores