If they dont dilute and continue to grow and deliver then surely within the next two years this will hit its market cap of 400mill :) ... or the magic $1 price. Lots of ifs but if gold continues to rise then were in for a nice ride.
I recall one of the directors mentioning that the hedge would most likely be there for a long time as they have no intention of paying it (I think he may have even stated 8-9yrs). As long as L.Bros doesnt get resurrected we should be good.
As for the notes, they'll get sorted in time too :) I think what really got the ball rolling was their US visit a few days back.
- Forums
- ASX - By Stock
- NGF
- change of sentiment
change of sentiment, page-5
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add NGF (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online