hi westy,
the sp should take into account the tin and gold operations. So my thoughts are:
IF I WAS AN UPRAMPER: THE CALCS ARE UNDERVALUED
- tin and gold values will increase the sp above what figures are given
- lets have lower production costs coz Indian labour is cheaper blah blah
- lets use 1.6billion shares rather than 2billion
IF I WAS A DOWNRAMPER: THE CALCS ARE WAY OVER THE TOP
- tin is just not as cool as iron ore right now. so sp will only reflect the iron ore prospects
- we've seen all this from cluff many many times. This is just another one of their 5 year cyclic upswings
IF I WAS NEUTRAL: LETS JUST WAIT AND SEE
- coz the ann. will do its thing
- chartists will buy in or sell out
- fundamentalists will buy in or sell out too
so in the end all will be revealed..
cheers.
DC
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