RMI 6.25% 1.7¢ resource mining corporation limited

any comments on hig, page-5

  1. 277 Posts.

    With all the meaningless one line comments i'm suprised this topic didn't get more interest, wake up people.

    HIG's sale price is 100 million, that means if wowo is similar or better, you can value it at:

    100m X 1/0.08 = 1.56 billion, or a share price of around $3.

    Granted its at a much much earlier stage, it shows you the kind of value that will eventually be attributed to this kind of resource in the resource super cycle.
 
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