molybdenum and tungsten producer by september, backing from...

molybdenum and tungsten producer by september, backing from Talbot Group. If you missed out on the rights issue you can still gain exposure through the share placement, offering one free option for every two shares applied for at 35c per share. Not a bad deal seeing shares are currently trading at 37c and in company forecast could range from $1.80 (p/e 10) to $3.60 (p/e 20) once in production. I have applied for share placement which closes on 12 April. Looks to be a good bottom floor entry point investment.