buona sera tutti
Next year in fun as i see it through La vie en rose
Lock in a) $30 mil market cap 30/06/07
b) $12 mil west Mandilla gold sales 30/06/07
= $42 mil sp = 7- 8 cents aprox no brainer..
now lets get active with exploration.. but where? we're conservative on everything? this is the first time we made a profit. We don't need money for a couple of years!!!!
c) $1 mil on exploration costs till 30/12/07that
normally takes us a year. but were serious.
but where, whats been highlighted in our
qurterly reports???? apart from Mandilla
Koongie Park. another no brainer...
= $41 mil market cap
Lock in d) $425 mil inground indicated value, 50% jv
thanks dhuy! Koongie Park model
for Sandiago & Onedien completed.
30/11/07 add as reserves.
= $466 ml wow factor!!!
e) $1 mil lets add to our model @ Koogie park
cause that's what we normally do. atlantis
rockhole and gosford here we go!!!!
let's see what we have.
= $465 mil
f) $22 mil east Mandilla as gold res 30/06/08
g) $488 mil Total include res in ground value
These figures are approximations IMO nothing to serious.
Thats the year as i see it, add further aquasitions maybe? I can't see Koongie comming into production till maybe 2010. But what I see is a junior miner with a Hugh potential to be a mid cap miner/producer in 4 years especially if the next big project was to be of high grade as the sediment anomalous suggest. And bidders are concerned by a extra .001 cents more than the other bidder...lol....
what happens when it breaches 10 cents and you have to spend .05cents a bid. GOOD GRIEF CHARLIE BROWN...
Food for thought,just sitting back lock in G) eddie!!
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