re: Ann: Mbila Bankable Feasibility Study In... Kangwane alone should justify a SP considerably higher than where we are currently trading.
The exact reason why the SP halved is not clear. Insto accumulation comes to mind, but you might be right... Mbila might be a complete dud, though it does seem that this eventuality is factored into the current SP.
Ann: Mbila Bankable Feasibility Study Interim Up, page-61
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Mkt cap ! $67.10M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
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