Just re-read the company website and presentations to remind me why I'm waiting so patiently....
Do we still think that the plan is to use initial cash flow from Mt Porter to get North and South moving ... and pay some dividends ?
Given the board (and related entities) own 54% of the mere 44m shares on offer a dividend of $0.05 to $0.10 would not be out of the question.
Share Price expectations for me are $0.40 when we start mining, $0.70 mid 2017 once we have plenty cash in bank and have paid off debt, and $1.00 + once we expand resource of Mt Porter nth and Sth...
If paying dividends, I see those SP coming quicker...
I'm keen for some realistic meaningful discussion on others thoughts of valuation. Not interested in ramping...
Thoughts?
AHK Price at posting:
17.0¢ Sentiment: Buy Disclosure: Held
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