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01/05/08
16:22
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Great day today with many finally realising this company's potential.
With only 56,435,357 shares on issue and a current SP of 25c, equals a MC of $14 million.
Gold projects with JORC's of 167,000 and 123,000 ounces, with gold currently at $900 an ounces equals $260 million.
A 85% owned 500Mt coal mine with coal at $70/tonne equals $35 BILLION.
Add into the picture prospective phosphate and uranium tenements.
We should see more gains tomorrow, this is still a tightly held stock.
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