Our fair value estimate of $0.32 per share is solely based on the Bull River mine. We will include Thierry if and when the transaction is completed.
So when Thierry is added BHT will be worth much more. So IF all goes to plan BHT is very undervalued. Risk/reward ??? Your call.
As for me I am all in.
It is easy to figure out what you believe. The difficulty lies in determining - is what you believe the truth.
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