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
BUYBACKS ROSS - with every last cent, close the VIP door for good, page-812
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Last
$1.80 |
Change
-0.005(0.28%) |
Mkt cap ! $462.6M | |||
| Open | High | Low | Value | Volume |
| $1.84 | $1.88 | $1.79 | $1.692M | 922.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7967 | $1.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.83 | 22970 | 2 |
View Market Depth
| Last trade - 16.10pm 15/05/2024 (20 minute delay) ? |
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Last
$1.80 |
Change
-0.005 ( 0.42 %) |
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| Open | High | Low | Volume | ||
| $1.87 | $1.88 | $1.79 | 20589 | ||
| Last updated 15.59pm 15/05/2024 ? | |||||
| KCN (ASX) Chart |