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73.5c for Bundi alone!! Current price under 60c.If this doesn't...

  1. alphman
    487 Posts.
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    18/06/11
    10:28
    Post #: 8555756
    73.5c for Bundi alone!!

    Current price under 60c.

    If this doesn't present a great buying opportunity on its own then I don't know what does.

    Plus, they have mistakenly confused Juandah with Columboola.

    Juandah is 100% MTE and nothing to do with Columboola, so value of that second line should be $37.8m or 21.3c/sh for "Juandah" using the appropriate pre-feas multiple of 22c/t. This brings the total valuation to $1.125 with nil value being attributed to Columboola.

    And we all know Columboola is coming...

    Good find on the report, btw. Many thanks.

    MTE Price at posting: 59.5¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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