GCN 0.00% 0.7¢ goconnect limited

Ann: IPTV/WiFi partnership in Mongolia,FirstMongo, page-66

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  1. 5,192 Posts.
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    re: Ann: IPTV/WiFi partnership in Mongolia,Fi... Every point you make is wrong...if if the manganese deposit is openpittable and has direct shipping ore DSO...then You can bet your life it will come out of the tube with offtake agreements with some snappy chinese steel mills.

    I said earlier today that I thought it was worth 40c per GCN share I do not resile from this.

    What the offer per share to GCN, we will be told in two weeks according to todays announcement. I reckon it could be as low as 1 for 3. The the listing price of the end vehicle could be in excess of $1. If you did a NPV of the deposit,discounted it again by 50% its hard to get it under $800mil,

    Again we don't know just what % of the mine (or should I say the holding company is to be listed.

    Anything suggested now is very hypothetical,but its is far to the upside than anyone here would expect.

    I have said before more than once nitpicking naysayers will be the loosers.
 
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