Not sure if the forum is ready here for the type of number crunching required to make the leap but if early drill results (due any time) suggest commercial quantities of high grade is there what price would you put on it? - 1 Billion the going rate for a manganese mine of any significance - our market cap? 85 mill and doesn't count the other prospects. The price of managanes is such that infrastructure and capex quickly become book entries in a bank ledger rather than a reason for concern/debate here.
Thought I'd remind some of the stakes involved. The multiples involved will bring buyers chasing the chance alone.
ARM Price at posting:
$1.15 Sentiment: Buy Disclosure: Held
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