Jojo,
I hope you are right about Crosby/Skafell's failure.
With a pre-bid price of 64cps, and a usual control premium on takeover of approx. 35%, that equates to fully priced bid of 86cps...the shares are currently trading at 74cps...way too cheap in my mind.
As I see it:
1/The real volume and price movement will only kickin when they have had their bfs approved.
2/I anticipate a big step function change to approx $1.25+, then the next step function change to $2.5-$3 is 12 months after that when they get their first revenues out of H4.
3/Then when they complete the bfs (if needed) for the porphyries balance 6 months after that another v.big step function change to $4 etc and then the skys the limit with this baby all the way to $15+ over time Lastly, might take 3-4 yrs so keep those certs in the bottom of the drawer...This is how I would like it to play out anyway! lol lol lol
TYC
tethyan copper company limited
Jojo,I hope you are right about Crosby/Skafell's failure.With a...
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