Hi all
Cormack Securities has calculated a price of C$3.75 for MWE - See Mawson website.
Any other predictions
R1
Hi Tilleydog
MWE released yesterday, 5 Jul 11, the positive Feasibility Study results for the Kapulo Project. It also included an update on Dikulushi.
Using my ROM (Rough Order of Magnitude) Rules, I have calculated the following SP forecast:
Based on Shaba (Above ground) alone, at a production of 15K tpa = $60m (profit)/150m (shares) x 7 PE = $2.80 x .9 (90% ownership)= $2.52. Then with Dikulushi, Safari North and Safari South making contributions plus resource increases, MWE should have value of up to $3 plus by Dec 12.
I welcome all other SP calculations.
Cheers
R1
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