ANL Vs CDV - Better value.??, page-9

  1. 5,578 Posts.
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    Klaus can talk 5Moz all he wants go talk to archie at CDV his talking 7Moz - 10Moz in the area, doesn't mean anything until you go find them.

    Right now CDV has 4Moz and ANL is hoping for 2Moz+ in their initial JORC thats how the market rates them, if we are talking exploration targets AQI has around about a 30Moz exploration target for their project, should we value AQI at multiples of CDV and ANL....hell no.

    Exploration targets are targets we value companies off what has been found, when ANL find 5Moz then we will value them as having 5Moz.
 
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