Time for you to do some proper research. Have a think about it. Best case scenario we have both Kolosori and SJ, and based on the 10% JORC we have completed to date use that calculator sitting on your desk that you haven't used yet.
Add 90% of Kolosori yet to be JORCEd , now add 100% of SJ to this equation and judging by historical data this should be the same as KOlosori give or take. Now add the increasing price of Nickel and it is increasing given the bans from Indonesia and the forthcoming bans from PHillipines. Now calculate earnings on all this and multiply by a conservative PE ratio of say 8:1 , then press the = sign and see what you get.
Yes this is a basic method of calculating MC but it should give you a rough idea where avq is headed once we get Kolosori back. This doesn't account for all our other tenements which will be progressed once we have cash flow.
That was mathematics 101. This is the only post I will direct at you from here on in because you seem to be internet on putting down our company and that's not cool. Now go and do some research and truly educate yourself or take a hike. We're sick of trolls and naysayers. We don't need saving , we're all big enough and ugly enough to know what we're doing.
Now back to my drink and watching the footy , go the rabbits ( for 2017)
AVQ Price at posting:
26.5¢ Sentiment: None Disclosure: Held
