PP, thanks for your time to share At a Glance status.
What is your take on risked and un-risked potential of Swala and where you see the SP by end of 2016 considering only Tanzanian (include Eyasi) and Kenyan assets. I know it does not have any straight forward answer and there are many ifs and buts, but share you your view :-)
I do not believe, Argonaut report covered un-risked potential in detail as un-risked potential of 12B alone would put MC of Swala more than 5B at least with ~37 $/sh with current number of shares and if shares are diluted to double the current shares, it will still be worth more than 18$/sh.
I sincerely hope any Major does not bid and acquire Swala and its assets. There are very little shares in market which will give assured profit on longer term. Swala is one such gem with nightmare (good) upside potential.
SWE Price at posting:
18.5¢ Sentiment: LT Buy Disclosure: Held
