ADY
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0.00% 1.1¢ admiralty resources nl.

re: the proof (get set now) Barren, The worst case is not at all...

  1. zzedzz
    15,745 Posts.
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    22/12/04
    15:13
    Post #: 729297
    re: the proof (get set now) Barren,
    The worst case is not at all clear as we dont know the extraction costs. For example if the extraction costs are equal to or greater than the revenues, then the value will be a big fat ZERO even if the revenue is $100m per year!
    ADY Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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