ACB 0.00% 6.8¢ a-cap energy limited

exciting company - a cap resources (acb), page-16

  1. 16 Posts.
    Hi Dalatta,

    Why do you say 4-5 bagger from here?

    My understanding is that each share in ACB(~160m shares) is worth about 1 lb of resource (@158m lb), so at the moment ACBs resource is valued at roughly 0.68c /lb.

    A 4-5 bagger would only make that figure $2-3/lb resource. I think that this should be the ACBs current value as an explorer but once funding for operation setup is secured then this stock should be trading somewhere above $3-$5 /lb. Once production begins it should be even more. If I'm still a shareholder when production beings I would expect each share to be trading at least $6..

    Sorry if I'm getting carried away here and my maths are wrong..

    I think we'll all enjoy the weekend a little bit more after todays move !


 
watchlist Created with Sketch. Add ACB (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.