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0.00% 0.3¢ indo mines limited

possible price target, page-9

  1. calibra21
    195 Posts.
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    26/05/11
    05:54
    Post #: 8452367
    Of course:





    Please take a look to MZM. MZM is in comparison with other manganese explorers like Spitfire Resources or American Manganese unbelievable cheap. On average, Manganese Explorer are valued at about 25-35 AUD /t. of manganese. MZM has 64.7 Million Tonnes @ 11.2% Mn = 7,2 Mio. Tonnes Mn and a marketcap of only about 22 Mio. A-$. So MZM is valued at only about 3,00 AUD/t. Mn.
    IDO Price at posting: 70.0¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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