Ann: Sase Central Maiden Resource Estimate , page-12

Agree this company is ready for a re-rating by 17th April. Infact I tried to buy some more today but got outbid. Interestingly, a lot of large buyers only show up at pre-open and close.


@ a Capex spend of 31.5m, the company will pay off its investment by May or June assuming they produce at .35c. that leaves 2 years and 9+ months of free-cash flow from stage 1 alone. Stage 2 or no stage 2 - imho we should see 83 cents at least.