SPR 2.80% $1.29 spartan resources limited

Really!!!!! comparable, page-18

  1. 947 Posts.
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    Hi @speculator101.. I have just started reading about GCY and to follow your Post. (re) DCN Market cap 600m and GCY Market cap 200m.

    You are comparing the 2 production wise. Which looks very feasible to what i have seen so far ..

    Share price would obviously be different..

    GCY looks like around 450,000,000 shares.

    DCN looks around  200,000,000 shares

    So fair value if we are comparing the 2 companies and both at Max nameplate..

    DCN $2.85

    GCY  @1.06

    So potentiality a bagger at least here by years end..

    That's not to bad an investment and of course i am comparing operating cost etc so potential for more or less..

    Just throwing it out there @speculator and certainly not having a go at you..Just doing quick summary in my head..

    I do think GCY has legs

    Thanks
    Zetland1
 
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