sell or hold or buy, page-8

Crystal ball time

What's the best case scenario......+1 billion tonnes JORC'ed in the next 12 months with a grade of 64.9%....rail nearby....big boy wanting to bring it on line for production in a hurry? T/O premium

..what value would you put on the market cap then??? 1-3.5 billion $ ala MMX and MIS? FMG..RIO..BHP...Chinese...Russians...in control.

So....another 5-20 bagger in 12 months IMO....and I can't see the drill results being a complete failure....can you?

This is another FMG story unfolding....infact IMO it will fold into FMG in te next 6-12.

The risks are the quality of the IO....and 19 from 19 rock samples with good quality gives me comfort...then its just how much IO is there....and don't forget areas A to D as well...

IMO..patience required...