126,000 tons of copper metal in the announcement is worth over 550 million dollars, the current market cap of the company is 360 million and when you take into account their substantial zinc and Gold reserves $2 is not far off the mark.
Only time will tell who is right, they may come off a bit but they will be back above 2 bucks in the near future i am fairly confident of that.
- Forums
- ASX - By Stock
- KZL
- trying to hold 1.86
trying to hold 1.86, page-2
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add KZL (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online