Thats what I was eluding to in the first paragraph of my last post. Many other factors are needed to be taken into account when calculating an NPV.
Fastenyourseatbelt-
JT doesnt have a measured status upto 2007. That is such rubbish. It would seem a little silly to announce (15th April) a resource upgrade (inferred and indicated) if a portion of the resource was measured.
Read my last posts and you will see why the measured status(anticipated last year) has been held up. Only now is the ball rolling. No use showing our hand to GFs too early.
Unfortunately the share price is right where GFs wants it. There is no use for it to be lower (they obviously know what they are willing to pay for CQT) and certainly no benefit to them if it was higher.
CQT Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
