so in your "opinion" the resource will almost quadruple from 267m pounds to 1000.
er, how? Surely it will increase but 4 fold? Perhaps its delusions like that which explain the frustration on this forum for the shareprice not being "triple" what it is.
At the moment, the 1.5b market cap is about right for the resource,; 6 to 7 bucks a pound, possibly expensive, given the capex of 1 billion.
Dont get me wrong, I think Peter Mac did a fantastic job. Marketing flair was brilliant. I wish he would come back and if he did, with a serious price correction I'd think of buying in, but not at these levels and with the distinct possibility the retail shareholders are going to be the bunnies in all this after the big boys have played their games. Dont you get it guys; no one is on the board for you or your interests. Watch out.
EXT Price at posting:
$7.10 Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)