re: usd 105 mill for prominent hill ..how much for Sorry westmoon ... I get carried away sometimes thinking I run this company :)
MO :modus operandii (pardon my Greek, or is it Latin :)
RJUF : Rum Jungle Uranium Field
MCB : Macquarie Bank (they r the usual merchant banker boys for such projects in Oz ...only cited as an example of debt finance)
MPS : Martin Place Securities (they underwrote the SPP etc at 30c) ....read their report on the CMR website
ORM : Olympian Road Map (did one for the DJIA (Dow Jones Industrial Average) and friends in APR 2000 and now scripting one for CMR ...all the thinking of which is detailed ad nauseam in here ...calculated opinion after countless hours of Delphic vision thru cosmic smoke)
I notice yr nom de plume "westmoon". R u into cosmics like I. Do u notice the turns on New and Full moons in the US equity markets with constant regularity? They certainly are a bunch of LUNTICS over there. I too am affected in strange ways. U might have to excuse my exhuberance on the full moon sometimes. I have been known to call CMR an intrinsically valued 20 buck stock every 28 days or so :)
Btw see the latest Intersuisse valuation today? There's that cosmic 3 buck target again. They must have spies in here too. What gets me is that they r all too gutless to think "why not a billion bucks" at this stage. After all, the OXIDES alone have 1.5 billion bucks contained metal averaging EQUIVALENT 3.3% Cu in the top 20 metres and thats only 8% of the total reource SO FAR.
U shld sit and do some comparisons on contained metal value for the relative paydirts of Browns versus Olympic Dam, Sepon, Prominent Hill, Magellan (Ivernia). Wondering when Xstrata is gonna pop up its head ........or was latest RIO exposure meant to give them a warning?
Well let me be the first to give u my billion buck market cap call and stab a guess at year 2008/9 cos thats when my Chinese astrologer freaks out when he sees my personal chart.
Good luck with yr investments.
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