GW1 0.00% 4.4¢ greenwing resources ltd

re: Ann: March 2010 Quarterly Report of Activ... "One of the...

  1. 3,159 Posts.
    re: Ann: March 2010 Quarterly Report of Activ... "One of the posters talked about mid to low teens before people would be interested, what am i missing ?"


    Project NPV is equal to current market cap. From this point the valuation equation can only go down - Cash on Hand is CAPEX money therefore already spent so not really worth placing any value on it. Low teens creates very good value risk/reward proposition based purely on Fossey project.

    Qtrly looks good - Will comment more once I've had a complete read.

 
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