Ann: Mt. Porter MMP Approval-AHK.AX, page-42

  1. 338 Posts.
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    A few things would have to line up for that to happen, and while I wouldn't say its close, its not too much of a stretch either.

    Unless POG goes ballistic (quite probable, but my thoughts are better off to look for investments that have fundamental reasons to increase at current levels, - e.g strong internal growth, undervalued by the market etc), then AHK would need to undertake successful mining of Mount Porter and use the cashflow created to build the companies future.

    Exploration success (very likely given some of the results of the areas they have already), or other JV's etc could open the doors to multi-year mine life which would be necessary for a $2 share price (100m MCAP) under the current POG.
 
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