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$1.08 cardinal resources limited

its not a steal ... 1. TO-price + Capex ...its near 1 billion...

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kkkrrr

400 Posts.

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24/12/20

18:20

Post #: 49809961
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Originally posted by galvanise: ↑

Good game.. I still think this could have traded a lot higher.. at today's gold price and fx the target price would have been closer to $1.35 fully financed (below NAVPS is based on FF).

Shandong got this for about 0.34 x NAV which is a steal.

What other 5Moz+ shovel ready gold projects are you looking at?

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its not a steal ... 1. TO-price + Capex ...its near 1 billion USD ... and 2. 1800 LT-Price --- you don't know the price in 10 years now and not the cost of mining ... historically the AISC doubled every 10 years... so Nord did a wise decision take this huge profit for its shares and go away..

CDV Price at posting: $1.08 Sentiment: Buy Disclosure: Held
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0 Great analysis

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