ragingboom, you work on the principle used by politicians...if you keep saying something often and long enough, then that is what stays in peoples heads.
Your 10 bagger prediction is based on the flimsiest of details, leaves out normal operating expenses, interest, amortisation, directors fees, consultations, rent, travel, fees incurred at 15% on multiple share dilutions, etc etc.
It is based on a PE multiple which are only used when coys are producers, which this is not, coys who have a sales and expense history from producing every day, are reliable to be repeated etc, none of which KAB is doing.
You have used a multiplication factor for a miner that is 1.2 below BHP (8.2), yet KAB has no operations with details of minerology, resource, let alone any details of duration of mining....to compare so close to BHP is like copmparing a mature person to a foetus.
As for price of magnesium, why was the sale price of the samples not disclosed....surely this should not be with held, unless of course it would tarnish a good story.
And a story is all you have at present. This dog is putting itself back in the kennel.
And dilution....if in 3 years they have production, the dilution of shares will ensure that the return per share will be woeful.
Readers need to be aware that KABs biggest poster has sold into the one day rally as declared by them, and with the price now well below the 3.2c high of the day, they are off for holidays.
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