whereas I used the $4 and $1.88 as quoted by commentators yesterday and applied that to the figures supplied by Baillieu of 290 2P and 815 3P. Those figures include 35 2P and 112 3P for South Africa.
Subtracting those reserves, but still using $4 and $1.88 would still result in $5.50 and $7.20.
However, if a company were to come along and offer me $4+ I would look seriously at accepting. I am not greedy!
MPO Price at posting:
$1.22 Sentiment: ST Buy Disclosure: Held
