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4.76% 2.2¢ metallica minerals limited

5billion dollar inground ni, page-21

  1. The Alchemist
    1,740 Posts.
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    18/01/07
    03:32
    Post #: 2120291
    10 billion dollar inground nickel was talking to my broker yesterday about nickel company valuations. Comparing to Mirabela whic will go into production at 17,000 tpa Ni in concentrates. It has a Cap of about $300M. Then that raises the question - What is the true value of Metallica??? Is it half that???

    At $150M market cap the stock is trading at about 50 cents on the dollar (or less) at the moment.
    MLM Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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