bottom found? looks set for a recoil, page-29

Jack
If you want to know where the share price could be its best to do industry comparisons. Example is Platmin which has a market cap of 600 million, is involved with various projects with a total resources of 20 million ounces, their share is 10 million ounces with only about 3 million measured. But they are a producer and most of the projects are open cut but dividing the market cap by ounces
attributed to them is $60 per ounce, we are between $3 - $4 per ounce. It's my opinion only that producers average about $40 per ounce and exploration companys about $10 per ounce but these rough figures all depend on ounces produced, costs, assets, depth of resource, debt etc etc