Jan. 14 at 3:57 PM
$GROY Another accretive, minimally dilutive deal. The company's stock remains dramatically undervalued. Consensus NAV is about
$6. That assume gold price in the
$2500 range. These assumptions will need to be ratcheted higher as gold sustains prices over
$4K. For example, at
$3500 LT gold price, NAV goes to about
$9.