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AZY Resource Valuations (Exploration vs Production), page-57

  1. 6,788 Posts.
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    I personally cannot see us getting to a dollar inside of three years at least, one thing having a magical resource , another thing actually mining it, that is where the dollar may come in. Of course if one of the majors unlock a massive strike and go all in to get it to mining, game on. $1 sounds good though, will make me a very wealthy individual. Re a takeover, there is a reason IGO and NCM took stakes....to eliminate a takeover from happening and ruining their plans. Would not be surprised if Rio also have been grabbing a few on market.
 
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