They have based the “Fair Valuation” of the company at $0.63 per share of MGR on its three most advanced stage projects (Hudvam-, Wim- and Fon deposit).
That the true value of MGR is many times greater needs no argument.
The actual value is very difficult to determine, taking into account the increasing demand for gold and silver (especially China and Asia) will provide an explosive increase in prices of these materials.
Also a takeover of these projects by HBM will push up the value of MGR.
And then there is not even discussed about the other ongoing projects.
You're right, our company's future looks very very bright ☼.
☺ Gr. jwdv