"i dont think its a threat for runs to 85-90 but its certainly a major obstacle for the shareprice to get to 1.20+ (and stay there) let alone a real re valuation towards 1.50-2 bucks."
How is this highly mathematical calculation worked out?
I'd imagine that the shareprice will reflect the cash generation of the company (which when I last checked) hasn't started yet. Once the company annouces their first profit figures we'll have a share price that reflects their wealth. Prior to that, the company will be annoucing their profit forecasting - which will attract a lot of new investors. Not to mention resource and productuin/mining upgrades. Not much downside here. Sit on it and stay put for 12mnths at least.
- Forums
- ASX - By Stock
- IBR
- first gold pour.
IBR
iberian resources limited
first gold pour., page-18
-
-
- There are more pages in this discussion • 44 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)