I'm not selling until this mine goes into production 3-4yrs.
As for SP I am trying to find a similar size company to compare them to but it's hard to find one that has similar size deposits.
Mt Gibson MGX have been trading up to $4.00 and have about 30mt resource with over 2 billion shares on offer.
As for SP with 500million tonne resource going into production,well I have nothing to base the SP on but you would think that it will have to be around $10.00 with chinese interest.
I mean look at what is going on the Mid West and these guys don't even have half the infrustructure in place.One would think that once FMS prove at their resource that the interest and SP should skyrocket.
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80.0¢ |
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
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1 | 2531 | 0.790 |
1 | 16200 | 0.760 |
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1 | 1309 | 0.700 |
Price($) | Vol. | No. |
---|---|---|
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