re: chart Market cap is currently around $25m. Refer to...

re: chart Market cap is currently around $25m. Refer to "Montythedog's" AUZ post on the 4-10 (post number 1286419). If the numbers do pan out as suggested then an operating profit over $1m a month gives $12m per year. Conservative P/E of 10 gives a market cap of $120m. There will be failry heavy discounting to this as there will be some skepticisim of the mine life of Blair Deeps....... but......and this is the big but.... if the new resource that they have stumbled across comes in as expected then the mine life could be extended dramatically - that market cap discount could be wiped out. Add into the mix the now unhedged position, the hot nickel price, no debt, positive cashflow (before all this), the new interests they have aquired - smartly I think - sticking to their knitting and wisely investing there cash - it all looks exceptionally good to me.