multibagger stocks - which ones?, page-34

  1. The-Head
    17,768 Posts.
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    04/10/09
    12:56
    Post #: 5730620
    III listed on the ASX in June 2006. Its flagship project is the historic Mt Carbine tungsten
    deposit in QLD. It also has a portfolio of diversified exploration tenements in eastern Australia.
    Mt Carbine (W, QLD, 100%): 120km from Cairns

    III had forecast annual net cash flow at Mt Carbine of ~A$15m, assuming WO3
    US$200/mtu and exchange rate of AUD/US0.86, for a 13 year operation

    Current Market cap 6 million,scoping study due.
    DYOR
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    lightbulb Created with Sketch.  Great analysis
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