Crystal ball time
What's the best case scenario......+1 billion tonnes JORC'ed in the next 12 months with a grade of 64.9%....rail nearby....big boy wanting to bring it on line for production in a hurry? T/O premium
..what value would you put on the market cap then??? 1-3.5 billion $ ala MMX and MIS? FMG..RIO..BHP...Chinese...Russians...in control.
So....another 5-20 bagger in 12 months IMO....and I can't see the drill results being a complete failure....can you?
This is another FMG story unfolding....infact IMO it will fold into FMG in te next 6-12.
The risks are the quality of the IO....and 19 from 19 rock samples with good quality gives me comfort...then its just how much IO is there....and don't forget areas A to D as well...
IMO..patience required...
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Crystal ball timeWhat's the best case scenario......+1 billion...
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1 | 7246 | 0.690 |
Price($) | Vol. | No. |
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