-
Share
18/07/08
21:45
Share
Thanks Gimp, Riddick & Major for clearing that up for me.
I was not trying to say that ARH was better than GBG, just thought GBG had understated their NPV or ARH's NPV was a bit dodgy.
Now I know that's the latter.
Can you believe AGO's MC is now nearly double of GBG?!?!
Just because they have huge land holdings doesn't mean that they will have a huge resource because so far they have not proven up their resources.
Their have less magnitite & comparable haemetite to GBG and yet they are valued a lot more than GBG.
Their magnitite project is also a lot less advanced then GBG.
So as you can see GBG is greatly undervalued.
- MVP -
-