Whether it will ever get there is another matter all together but the risk/return game on this one would suggest a 30 cent sp potential is required to take on the risk that this company run out of money first...
A 30c sp implies a market cap of around $120m (depending on future dilutions) which is approx 50% of the NPV of UCL's eventual 33% share of the Zinc mine.
So I think 30c is feasible, I don't think it will get to full NPV due to high sovereign and company risks involved.
My thoughts only
Zinc
UCL Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
