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Another week bites the dust, another week closer:) another week...

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ZampJ

156 Posts.

14

06/01/17

12:30

Post #: 21720716
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Originally posted by Bright30 ↑

The 4 Quarterly will look fantastic as our PCI price was USD $133/t

Just remember SMR went to $210 mill market cap when they started mining with 900,000 tones per year and selling for USD $130/T, and they don't have a clean coal like us or the customers.

If you look at the 3rd Quarterly they ramped up production, we are mining 3,120,000 million tones per year.

10cents it will give us a market cap of $234 million very cheap
20 cents Market cap of $468 million
30 cents Market cap of $702 million

Lets not forget that Anglo paid $700 million for the mine back in 2007 and spent alot more on rail & roads and PCI prices were not this high when they bought the mine.

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Another week bites the dust, another week closer another week no news,
I am tipping 25/35
Good luck to all if they ever come back on line.

RRP Price at posting: 4.1¢ Sentiment: Buy Disclosure: Held
3 Upvote

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