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This is a bizarre oneMaking 200-400k per annum with expansion...

  1. kelkent
    836 Posts.
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    02/08/19
    11:03
    Post #: 39827792
    This is a bizarre one

    Making 200-400k per annum with expansion opportunities and 2 million in the bank.

    There is shells out there with 500k left and a shitty tenement worth 5 million. This company should be worth 6-10 million based on PE alone.

    If expansion executed there is numerous options out there. Only problem is there is no blue sky of revenues, this could max out at 1-2 million profit per year. Still doesnt mean it should be worth 10 million MC in the short term


    MSG Price at posting: 2.2¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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