Very interesting. I guess his $1.10 is a technical target.
Also, interesting to see his "value matrix" now, compared to Dec 2015.
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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 & dozensof others) suggests it's going to be quite healthy.
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Very interesting. I guess his $1.10 is a technical target. Also,...
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1 | 45422 | 0.225 |
1 | 12636 | 0.210 |
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Price($) | Vol. | No. |
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