Posted from The Mechanic
"The major announcement which Dan alluded to at his recent Singapore presentation that produtcion will be increase up to 70% will IMO be the next share price driver to much higher levels.
An increase of 70% in production to 1700 tonnes per month with result in a net cash flow, at todays Copper prices, of $6.9 million per month or $82.8 million per year. With a current market cap of $155 million thats a PE ratio of less than 2."
This news is probably due next week.
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Posted from The Mechanic"The major announcement which Dan...
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