Mackam appears value at A$6.1M approx market cap fully diluted with projected 08 Net annualised income of US$2.3M and on target to achieve revenue objective of US$6-12M by June 09. What is your opinion on management and what is the life of current prodution?
08 Drill programme gives plenty of opportunity for action with potential company maker Goliath drilled in 4Q08.
Any opinions welcome.
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