Hi all,
Just been reading up on Cape Lambert, DMC project.
Cape Lambert retain royalty, 25% stake in company purchasing DMC. In effect valuing project 100 mill +
their explorationn target 0.9 - 1.3 billion tonnes
If I read correctly their strike dist 7km approx
Our strike distance much larger - 46km
Cap ex small in comparison to peers
Upside is unlimited.
Thank you Gibba for your friendly advice!!
Good luck
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Mkt cap ! $19.71M | |||
| Open | High | Low | Value | Volume |
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