AHR anchor resources limited

Hey guys,I got my allocation yesterday and the thought of taking...

  1. 1,380 Posts.
    lightbulb Created with Sketch. 479
    Hey guys,

    I got my allocation yesterday and the thought of taking an easy profit crossed my mind but I decided not to as I believe that the scoping study will give AHR a NPV of over a dollar per share without a doubt and emphasise the point of there being lots resource upgrade potential ( if the geologist looking at the deposit knows anything).

    After all looking at it in the simplest way 300 million resource/50 million shares = 6 dollars.

    Naturally the costs of setting up a processing plant and the cost of mining would have to be taken into consideration but by no means do I believe that the study will give the company a value per share anywhere near the 28c per share that the Chinese are offering.

    Cheers

    Happy New Year
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.