Like the look of this one.
130m on issue
10m MC at 8c
5m cash
5m EV for JORC 300k oz Au @20.2g/t
plus the sexy part
JORC 7150t antimony at 1.5% Sb.
I heard that stuff is getting rare
China controlling 80%, cutting expport quote, shutting mines etc.
Volume too, results due.
EV/JORC resource oz = 16.67!
May need to expand resource to justify CAPEX?
but having Antimony as by product surely adds to the economics?
Am I missing something here?
Why is this one so cheap?
Appreciate if anyone can share their view.
Like the look of this one.130m on issue10m MC at 8c5m cash5m EV...
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)