Hi Rony
My broker has a 45-50c target on it...and that was prior to Khantau acquisition.
Warwick is still a big believer in this...A recent email to his clients stated that he was running hypothetical numbers on Khantau and would be communicating results to clients when done.
Not sure how he can accurately do this however since there is little to work with other than that geological data announcement.
My average entry is even higher than yours since most of mine were bought at 18c or higher. Though I'm not too fussed about that if it delivers.
Would expect more drilling results sometime in September or early October.
And perhaps the reassaying of previous drill holes which they believe to be understating the grade.
Also would expect more drilling results from Savoyardy whichthe company has NOT reduced its focus on.
Cdchi1
iron ore mining project upgrade, page-17
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