XAO 0.11% 8,070.1 all ordinaries

STT COMP CHK FA LONGCohiba Minerals is significantly undervalued...

  1. 557 Posts.
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    STT COMP CHK FA LONG

    Cohiba Minerals is significantly undervalued in comparison to other IOCG explorers in the Olympic Domain South Australia.

    SP: .012c
    EV: $6.1 Million.
    SOI: 664 Million
    CASH: $875,000
    T20: 42%

    (sorry,@kellbys not jumping your train on purpose, been following CHK for a few months now and meant to tip on Friday.)

    Kellbys basically covered the lot. Despite the potential CR due to their cash position, the new non-exec director (holder of almost half of all SOI) experience with NVA, the undervalued MC and EV, nearology, all make this punt a no brainer to me... for now.
 
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