RE:RE:valuation comparisonWelcome back Fozzie.
Malton was missiing you and was having an FWS episode "Fozzie Withdrawl Symptoms." LMAO.
I don't beleive BNAU can get to the valuations of Wesdome at this point in time, assuming we have a positive Feasibility Study next month. Wesdome has better grades and has an excellent Project known as Kiena coming into production in the next 12 months. The market is therefore valuing them at + 200,000 oz of annual production at present.
It was good to see BNAU raise $5M in CEE with their recent deal announcemnt that will no doubt go into the regional land package. If they have any initial success there and then can further follow that up in 2021 they could duplicate the success that Great Bear Resources has seen in the camp (+$19 high and $900M market cap). Under that scenario I could see BNAU matching Wesdome in valuation in a couple years time.
I'm soooooooooo looking forward to seeing this FS very soon.