Interesting to consider the figures. The 43-101 gives 629k oz, and if at $100 (cheap nowadays) in the ground, and 70m shares out there (06 Dec anyways), then shares are 0.90 each. Plus future prospects. So Ontex appears moderately valued by the market.

Hanging against ths is that chairman Salvatore Fuda and his group own 19%+ of Ontex (more like 21% or more now), so it's a bit like a private family business. I hate (!) having a minority stake in a closely held business.

On the other, other hand (3 hands now) the gold in the ground should support a higher stock price. I guess it's all in the work to come.