HLX 50.0% 0.3¢ helix resources limited

platina float? who's interested?, page-14

  1. cy7
    930 Posts.
    re: why am i paying for something i already owned On reading the -- Presentation re Platinum Spin-Off --
    Munni Munni PGM* --- *(Resources: measured and indicated)
    24Mt @ 2.9g/t for 2.24Moz (PGM)

    My question is how can a company with a measured and indicated resource of 2.24 mil ounces of PGM --- only have a Market Cap of $4.3 mil?
    That is only $1.91/oz of resource.

 
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