Forget $3 per share for morobe. that aint never gonna happen. But i reckon they could easily sell the deposit for $20/ounce tomorrow if they wanted to. That's less than what it costs to even find a deposit of this size.
So at $20 ounce sale price, this gives you upside targets of at least 20 cents per share from here. It should go higher from here, but will take time.
and yes i agree with you, Brieley appears to be very sneaky!
cya
skippa
- Forums
- ASX - By Stock
- If Morobe is so good!
If Morobe is so good!, page-8
Featured News
Featured News
The Watchlist
AGC
AUSTRALIAN GOLD AND COPPER LTD
Glen Diemar, MD
Glen Diemar
MD
SPONSORED BY The Market Online