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0.00% 2.5¢ metals australia ltd

some rough numbers

  1. rice01
    1,674 Posts.
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    11/05/07
    13:37
    Post #: 2440926
    $400m of current zn resource @ 10-15% in ground value = say $50m

    Plus extra $400m of zn resource upgrade = $50m

    Plus something now for what looks like a serious U play say $15m

    Plus something for Sherlock Bay say $5m

    Plus cash of course $5m

    so rough mcap = $125m

    In my book still good value at 10c!

    For those willing to listen I did say more was happening in Namibia than people understod! I now say the same for Shelock Bay!

    Well done to the longs here, richly deserved rewards with plenty more to come soon!

    regards
    MLS Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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