You definitely shouldn't be investing based on those calcs nody. They can't make 200m pa ever out of this mine. if they did the share price would be about $1 or more. I reckon if they could pull out $25m a year npat they might get 10c valuation. Maybe.
Foxleigh Mine 290 Million Tonnes, page-132
-
- There are more pages in this discussion • 222 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)