re: Ann: Completion of royalty and project ac... Cheers 6ULDV8,
So that being the case I might sell 200,000 heads and buy 800,000 OB's
Sell 200,000 heads at 8c = $16000 and
buy 800,000 OB's at 2c = $16000
Same cost
When the OB SP gets to 26c I can sell for $208,000
If I kept the 200,000 heads and sold for 40c I would get $80,000
I have confidence this one will achieve 40c plus.
I enjoy reading your posts. Keep up the good work and have a great Christmas.
Ann: Completion of royalty and project acquisitio, page-24
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