CQT 0.00% 51.5¢ conquest mining limited

**lmao@porsche**, page-7

  1. 1,220 Posts.
    i think Porsche will get a 911 Turbo

    heres why!!!!!!

    FACTS

    KIM 5m carats (total) from 68mt at 7.3c p h/t
    Insitu Value of $1.45b
    KIM expecting $290 per carat over next 3 years
    KIM worth $380m

    CQT - Market Cap $22m

    37mt still open along strike - ie can be extended
    10 c p/ht in micro count ( some macrodamonds also found)

    say CQT only have 37mt and say the pipe after bulk sampling is ONLY 7 c ph/t (so i'm being conservative) =
    2.6m carats

    2.6m * $290 = $750m insitu

    Gold value Mt CHarelton = $100m insitu

    so without anymore success and a macro count of only 7 ( currentlt micro of 10 and KIm 7.6) CQT will have $850m insitu value

    assume like KIM it trades at 25% of its insitu value = $200m+++ market cap for CQT

    fully diluted with say 140m shares = $1.40 per share

    tell my any junior co with that potential - NONE

 
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