Assuming they sort the offtakes and the debt SaS then a lot will depend on what zinc does imo.They may well not negotiate 2009's zinc price until a few months into 2009 which will become yet another variable.
We still have no up to date analysis of the project(broker valuations etc) and we probably wont until they sort the debt as it becomes a sizeable issue when assigning such a valuation.
The other big variable as far as sentiment towards Aim is concerned in the next 6 months is what they prove up with the Mumbwa drilling.If they do find a decent IOCG deposit worth a shot then this SHOULD add a bit more value onto the sp/market cap.Only issue here is its probably likely that it will tend to be transient value the way this stocks trades and the fact that any deep IOCG deposit will also need a full BFS/study done which BHP was to take on in order to claw back.Many questions to be answered here too!
The general consensus is that we should see somewhere between 20-30c mainly zinc price dependant.
d.
sentiment, page-4
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Last
42.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $88.74M | |||
| Open | High | Low | Value | Volume |
| 42.5¢ | 42.5¢ | 41.5¢ | $2.933K | 6.988K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3230 | 41.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.5¢ | 4382 | 2 |
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