You are right. That is why the Ethiopian property is in the process of being split off. The main property is the reason the share price will explode in the coming weeks. The guys that bought in at over 130 million at $5.40 a share have just set the floor. There will be no risk of the stock going lower than that but with 8 drills and more on the way rest assured the price will go up.
The last post on this subject as I know this is the GNH board and I am hoping for a good return from here as well as everyone else who owns GNH