AUZ 0.00% 1.1¢ australian mines limited

A fair price in an unfair world, page-5

  1. 913 Posts.
    lightbulb Created with Sketch. 618
    Hi.

    I have done some calculations of my own since Friday's leak....
    Our share price has settled at 9.1 on the back of the 1000 point drop in the dow almost 10 day ago.
    If the share price was factored for the increase in the dow since then, and all upside since then, the SP should be sitting around 11-11.5 (IMO).

    With a deal of this magnitude, and the 7 year deal, and not taking into account FLEM/THACK yet, my prediction is as follows:

    Open tomorrow : 16c
    Close of Friday this week : 21c

    Confirm of samples : 25c

    BFS " End of June : 40-45c

    This is not taking into account anymore news on other 2 mines. If there is any positive ann. on other 2 mines, I would say 30/6/2018 - SP : 50c

    All IMO and based on my own calculations from the deal...
 
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