I am thinking that a 3.7 million tpy mine which is not complete but which has gathered the necessary capital and approvals to reach completion, should be worth $300 million - making the shares worth 0.4 cents each. But perhaps I am as blindly optimistic as Jackpot was last week. COK also has a portfolio of other properties which in normal times would carry value - but these are anything but normal times.
Ann: $125M Recapitalisation to fund Baralaba Expansion Project, page-35
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)