spp - when will i get my shares, page-21

Chopperchop

It's a nice little Aussie punt .. why can't we quietly enjoy one once in a while.

You should try it too sometime.

The punt , the way i see it is
- CTO could trade anywhere from 10 cents(if the management don't deliver on their latest promise) to $3 plus over the next 2 years(if they do).

So I personally see some down side risk .. but heaps more upside.
isn't that what a good punt is all about ?

Because at the end of the day this project has a value at - with or without CTO managing it... whatever you may think of the management.

there's riskier punts out there .. in my opinion.
I see some protection offered by the fact that this is a prime project with an NTA (property,plant and equipment) of 27 cents and no debt.

there'd be a lot of interest from other goldies, remembering Lihir paid $350 mill for a 1.5 mill oz inferred resource at Ballarat.

This is 10 mill oz (7x bigger) and higher grade than Ballarat.