multibagger stocks - which ones?, page-28

  1. 679 Posts.
    Hi Crans,
    Just to add to Kemperman's comments. He is right what he is saying. Speculation about when Torrens will drill drove the price up. We are waiting for native clearance, which is currently going through court to try to speed things up. Once approval is received or any positive signs of the possibility of this happening will see the SP flying, possibly higher than previous highs.

    Cash value alone is around 5.5 cents per share. No value included in assets. Market has valued existing assets as dudds. Cash on hand around $9.2 million and only 166 million shares on issue. Huge potential gains on Laos gold, Torrens (bigger than Olympic Dam) and Kroombit.

 
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