IMO spot fair value based spot is 1331 IMO praise Zeus.
Thats before the resource upgrades, new hits, clones and higher metal prices as Kondratieff factor really kicks in heading for 2014. By that time fair value should be more like 33 - 99 bucks, sum of parts, current share cap equiv. I mean FMG is now 10+ billion bucks. Is it producing yet?
I could originally "see" a new MIM thru the cosmics but that was before Uranium came on the scene. Have since upgraded my "vision" to filling WMC's shoes now.
But gotta say I scratch my head about those " new 7 radiometric anomalies " mentioned re NSW wild-elephant country. What radiometric anomalies ???
Looks like a nice breakout hey. That EOFY superannuation factor mustave had something to do with completion of the retrace since FEB highs. Note also after each cascade capitulation past 3 years we have always quickly hit new highs. Suspect nothing will change this time.
IMBOOC
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