IPT 6.25% 1.5¢ impact minerals limited

Ann: Broken Hill Technical Update, page-50

  1. 1,297 Posts.
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    Re the moving around of Morningstar's estimate of value per share, the price at the Undervalued screen is back to 2 cents but the Fair Value estimate inside this field is 3 cents.

    If Fair Value is quoted at 3 cents what will the fair value be after today's news of re-entry into the Blackridge Gold Project?

    MJ's presentation on one of our threads which I've just listened to estimates that the costs to mine will be 50% to 66% cheaper to than most mining sites because of the geology. He quoted possibly 100,000 to 150,000 oz. At $1,800 a tonne that's well worth mining.

    Would we see a raise in Fair Value from this event?
 
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