“It is not uncommon to find junior mining companies trading at a significant discount to their NPV. This discount reflects the various risks and potential pitfalls that can arise over the life of a project. The discount may also reflect the possibility of any future shareholder dilution, as most mining companies will need to raise additional funds in the form of equity in order to advance to the production stage.”
“It is not uncommon to find junior mining companies trading at a...
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