AZY 0.00% 1.1¢ antipa minerals limited

Correction OVERDONE, and this is a no-brainer entry point.we are...

  1. 124 Posts.
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    Correction OVERDONE, and this is a no-brainer entry point.
    we are now within 28% of where the share p was when IGO took a stake, and similarly, of when Newcrest subscribed to that capital increase (2.8) in July last year.

    We know that since then 1) Caliber has grown and de-risked materially since. 2) That RIO has stuck to JV and is within touching distance of owning 65% of the asset.
    3) GGP share price doubled since - not as much on Hav size as to an expansion in $/oz valuation in ground the market applies to the resource. This gives us an idea of the valuation premium assigned to having an asset that’s toll treated at big JV partner compared to other resources where this is not the case.
    4) Antipa Chairman recently literally said on tape that Caliber will be mined and processed at Winu.
    And here we stand at US$75m mcap...
    WAKE UP and BUY.
 
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