The perfect storm is just starting. So many near term news flow ahead in Dec and Jan:
- ANOMALY K massive sulphides - copper drilling results coming soon
- Kenneth gold drilling results coming too
- TORRENS surveys
- ROSES PRIDE mineral resources upgrade
- Copper price soaring higher
- Gold price recovering well and soar above 2000
- Net debt back to zero
- New sub holder Paradice firm continues to buy, potentially more new sub holders popping up.
Most importantly, the MC is still below 200m now, that's just about one year of the profit from gold and copper mine. Just way too cheap!
I can see at least 30c as a still conservative evaluation.
10c party, page-40
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Mkt cap ! $164.4M | |||
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