WCN 5.88% 1.8¢ white cliff minerals limited

re: Ann: CHINESE INVESTMENT IN KYRGYZ COPPER-... Never mind the...

  1. 8,318 Posts.
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    re: Ann: CHINESE INVESTMENT IN KYRGYZ COPPER-...
    Never mind the ev, our entire market cap is only $8 mill.

    Way way undervalued here, jv with Daewoo & Korean Govt for the Nickel at White Cliff, and now a buy for our partners at Chanach from Chinese State Govt owned Hebei. 44% interest for $6.57 mill, values T2G's 45% at around $14 mill.

    Fair to say our market cap is undervalued by 1/2 on Chanach alone on those numbers.

    Some numbers now from Mt Rem soon, and my oppies could still be in the money. All about the timing now, be nice to get 1 set of results from Chanach before mid June.

    Regards,

    TCG
 
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