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Hot, Whilst we must not be cocky, lest we end up like WPL's...

  1. kkw
    7,125 Posts.
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    Hot,

    Whilst we must not be cocky, lest we end up like WPL's situation, but I think you are on the right track, Don't forget DJ has to be finalised before Oct, and I think that would be enough to pull any major over the line.

    5% of 640mil=32mil
    worth even at $2.20 another (2.20x32mil/0.75)= $AUD93 mil but I think it's more like $3.75
    (3.75x32mil/0.75)= $AUD160mil

    OK we'll throw in 50% of DJ for free carry drilling to production.

    Hey I think we could be in ASX200!

    KKW
 
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