Whatever the machinations of the Thai political scene, we can be comforted by TAFTA.
It is unlikely Thailand would wish to imperil the status quo: they are very happy supplying Ford Rangers to Aussie bogans.
In a worst case scenario, TAFTA is probably worth 2.00-2.50 Australian dollars per share, even after paying back Zurich.
As stated previously, compared to CMM, EMR, and others, MC should be at least $750M AUS, once both plants up and running, especially with higher head grade from Quartz. That would be a base case of 3.00 Australian dollars per share.
You can double your money from here, just have to be patient, keep topping up, and enjoy the journey.
GLTAH
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Mkt cap ! $353.1M |
Open | High | Low | Value | Volume |
$1.36 | $1.38 | $1.32 | $560.6K | 417.3K |
Buyers (Bids)
No. | Vol. | Price($) |
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Price($) | Vol. | No. |
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1 | 4286 | 1.340 |
3 | 24854 | 1.330 |
1 | 8885 | 1.320 |
1 | 10000 | 1.315 |
Price($) | Vol. | No. |
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1.380 | 9955 | 1 |
1.410 | 32 | 1 |
1.415 | 9500 | 1 |
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1.430 | 3300 | 1 |
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