Hi Hotazel
Your calculation looks very attractive.
At today's share price, you only need to spend US$47,000 (A$65,000) to buy 5m shares at 0.013 (don't risk queuing behind those 10m 0.011 just in case you miss out. There are 6.8m share on the sell side at 0.013 waiting to be picked up).
With 1/2 cents per share per annum return, that is equivalent to 53% per annum return on your U$47,000 investment.
And that excludes Share price appreciation coupled with the mine development and exploitation. Hmmm..........
Of course this is not investment advice. DYOR.
Good luck with your investment.
Cheers.
Pikapika
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