Ngoldege,
i am quite confident that it will hit 50c+ in 2008.
With so many reports, results, estimates etc. on the horizon the upside potential is tremendous.
Also consider that from this point only 5 M $ is valued in their projects. Now think about the value of their BIH project with 250.000 ounces of gold, their 7.5 M Pounds Uranium, their Sellheim Gold resource, let alone the Iron ore at Narndee.
I suppose 50c is a fairly conservative valuation once some more results for these projects pass through and i am targeting a SP of 1.00$+.
Good to see that we're nicely cashed up and no cap raising will hold the SP back for the time being.
Cheers
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Mkt cap ! $13.69M |
Open | High | Low | Value | Volume |
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---|---|---|
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Price($) | Vol. | No. |
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1 | 101647 | 0.029 |
3 | 147232 | 0.026 |
2 | 219999 | 0.025 |
2 | 66708 | 0.024 |
Price($) | Vol. | No. |
---|---|---|
0.032 | 105228 | 2 |
0.033 | 45112 | 2 |
0.034 | 75000 | 1 |
0.035 | 740810 | 2 |
0.037 | 53268 | 1 |
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