Very interesting. I guess his $1.10 is a technical target.
Also, interesting to see his "value matrix" now, compared to Dec 2015.
On the left Aug 2016, on the right Dec 2015.
Most of his increased value has come from Kalkaroo. At some stage, there has to be a big lift in value attributed to Portia. Looking forward to new drill results and some value uplift there
There was a tweet earlier this week from Havilah linking to a document produced by State One that provided an overview of companies presenting at the RIU Investor Roadshow:
https://www.stateone.com.au/downloa...MNfo0MGDzhfY7IhbnmR|NZKqwAQGDMVwKRUNdRYAaCenF
There was the usual stuff in there but I found the statement that Maldorky was "......being fast-tracked towards mining" interesting. It's been previously described by State One as a "low key project".
Not much value attributed in Strachan's value matrix to Maldorky.
Not sure what the price this Christmas will be, but the share price 2 to 3 years from now as the known unknowns (strike, depth extensions at Portia, drilling at Lorenzo and even at Prospect Hill & dozens of others) suggests it's going to be quite healthy.
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Very interesting. I guess his $1.10 is a technical target. Also,...
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1 | 25000 | 0.150 |
Price($) | Vol. | No. |
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