OK. Let's take LEZOK's numbers there petey. They are not conservative by any means, but:
So in ground value, i.e. in this case 4.5B, x 2% - that's about all that (good) base metal explorers with a potential u/g show are worth these days = $90m. So Sirius is nearly there on 1 hole, assays to come on another, a heap of unknowns, and a cap raise needed to drill it out. That, my friend, is the definition of exuberance.
- Forums
- ASX - By Stock
- SIR
- looks the real deal...
looks the real deal..., page-84
-
- There are more pages in this discussion • 116 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)