MIK 0.00% 1.5¢ mikoh corporation limited

Possible takeover target??, page-17

  1. 13,575 Posts.
    lightbulb Created with Sketch. 567
    Hi doc.

    What about AVL.Has an upward trend,not far from cash flow(17/20 million aust a year!).They've only spent 7 mill approx on getting it up and running.Therefore paybacks less than one year.There have been those on HC that dont like it because of the risk associated with the congo.But youve got to admit its looking increasingly like its going to happen.Market took it to 12c friday ,up 30% on a couple of weeks ago.Stock might be speculative,but the resource IS in the ground.All they've got to do is get the stuff to the smelter.I dont give a stuff if you do or dont buy.I doubt that any of my posts on HC will influence where AVLs price is going in the next couple of months.

    Just a suggestion doc.

    Cheers domum.

 
watchlist Created with Sketch. Add MIK (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.