I agree stuman.
The company is so close to production compared to many other hopeful's who's market caps are three times PRW's. Thats 4000 tonnes of nickel metal in concentrate of production in the first year starting mid 09. If you then consider that PRW have other nickel cobalt projects to do the same thing almost concurrently with Barnes Hill, then PRW do justify the label of monster nickel producer as I have mentioned before.
If PRW hit their numbers they could make about $25-$30m profit pa. Thats on the barnes hill project only. pe x10 and you can see a market cap of near $250m + That would be closer to $4 if it does not issue more stock. This relies on the project working, nickel price ok and the market ok etc. Sounds crazy doesnt it!
A market cap of $14m has PRW so undervalued its not funny.
I am very comfortable that PRW current projects would justify a market cap of 100 million dollars as we speak.
The roadshow will bring in the buying and the SP should recover above 50c as drilling results come in.
PRWO and PRWOA look very attractive.
The patient will be rewarded.
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