SRI 0.00% 1.9¢ sipa resources limited

drilling at panorama cbh sulphur springs, page-3

  1. 322 Posts.
    Some mathematics:
    If this project worth $A200 million for CBH for 60% means 10% worth $A33.33333 million
    That means the 40% for Sipa worth 4 X $A33.33333 million.
    Converted for share price means at least $A0.55 for Sipa. and we are talking only about Panorama Base,metal project...
    and there is no profit yet...
    Am I right?
    I don't giving any advice, I don't know anything, I'm not professional of share price or mining projects.
    Only thinking loudly.
    Let me know if you have a different opinion.
    Cheers
 
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