Doubt it's priced in, think about the market cap. The current market cap including options is way below the value of the gold we have (minus processing costs). In addition, we already know mineralisation extends well beyond what we have measured at other lodes. Check out the post on the indication of mineralisation. Once we are producing gold steadily, the company can fund further exploration at these sites and extend the life of mine. I know this phrase gets thrown around a lot on HotCopper, but this is seriously a billion dollar company in the making (just don't expect that to happen based on one announcement).
- Forums
- ASX - By Stock
- Hammer Mill 3
Doubt it's priced in, think about the market cap. The current...
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)