pil up 100% since july..should go higher by..
Based on yesterdays close, PIL is currently valued at $16.5m...that is up 100% since July 2003 but...it could be re-valued by at least another 100-150% in coming months when the company confirms the decision to mine.
With copper, zince and silver prices all up and likely to increase further over the next 12 months (despite the strength of the $A) then the company could be valued at 150% up on today's price...I base this expectation on Total Net Cashflows from mining Jaguar.
Further assay results are due this month which could easily see PIl push through 20c
