Always a GA @anatol We all love your work... but I question what I believe to be conservative with reference to RIO & BHP concerning your perceived valuation. We should all be celebrating when we look into the future but if I'm realistic and keeping it all relative I'm looking at the likes of CXO @ $1B MC and then looking at KV + Buldania (with no further assay results) placing us at $11B+ currently.
And then when you put a bid in place for a TO that comes at a premium, especially when you're NOT FOR SALE and the competition WILL BECOME FIERCE!
When the deficit realisation grows so do our valuations on our assets. Don't forget we're at the bottom of the S curve right now!
If our MC is not far off an $8B MC in the near future would you sell the entire business for that? Maybe double that number and Tony + TG will consider it otherwise I can't see it. That's just my opinion and regardless of my opinion I always value yours. You're one of my many mentors on here.
GLTASH
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Price($) | Vol. | No. |
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