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Good Next article - can be worth a bag or two. GoldFields is...

  1. 10,365 Posts.
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    Good Next article - can be worth a bag or two.
    GoldFields is still in for 20% - so they might cause a hurry up.
    Assays of completed holes -- I reckon they might have timed the IPO to those assays to get some sparkle in the market.

    and now :-

    JOGMEC stomps up $3mill -- this is not new, but confirmation is good. Best is that it prima facie values our remaining share at $3 mill too, but also with $3mill in the war chest to explore.

    The 14 mill cap and the $4 mill cash leaves an EV of 10 mill - calculate what you think Parkes is worth to us now and deduct that from the EV and the other tenements seem cheap indeed.
    Last edited by JandJ: 26/05/17
 
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