re: Ann: Satellite Deposits - JORC Resource U...
RD, I like what you think, your on the money.
You say 5 bucks, imagine if BS & IV happen, then we have 5mt (IV) around 2013, 4mt BS around 2015, going to 8mt around 2017. Even if they are both JVs, that's 13mt. AGO has a MC at 1.7 BILLION shipping (currently) 6mt.
I know they have port allocations etc, but if (say) IOH can secure their own port allocation, then IOH could have a MC of 1.6 Billion, thats $10sp.
Yes, please all shoot me down with my maths and speculations. But hey, its STILL all possibility...
IOH Price at posting:
$1.07 Sentiment: Hold Disclosure: Held
