ATV 0.00% 4.0¢ activeport group ltd

Ann: Confirmation of JORC compliance , page-6

  1. 241 Posts.
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    Slight disagreement from me....these guys must be high achievers...at least in a past life...how else are they able to afford the fountain of youth health measures they are obviously imbibing in to keep themselves going long enough to bring Touquoy in to production. I mean these guys aren't spring chickens.

    However what I do agree on is that things are painfully slow to the outside observer, and even if you compare it to previous date indications for development milestones given by the company, they are certainly trailing and failing in that sense.

    Against that in simple terms the gold in the ground at Touquoy & Cochrane Hill is worth about $1.75 billion USD(1.2 million ounces at $1,472 USD).

    Market capitalisation for ATV at SP of 4 cents is about 18 million.

    Rather large discount to give such a company due to them being 'slow'.
 
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