re: up tomorrow...process
process they have only drilled 20% of the magnetic target ...John Pertu said it was open in all directions...But I think JT and his fellow directors have a good idea what they are sitting on which is why they have been buying shares in their own company.
t4p posted on the 17th July extrapolating it to 8mn tonnes and giving an in ground estimated value of $912mn - he then suggested the possibility of this potential resource tripling to $2.7bn
Not a suggestion for the company mkt cap mind you just and educated guess as to the in situ value CQT has.
I think you might find some answers by scrolling back to 17th July and looking at the post from t4p called "attempted valuation"
Should give you a good starting point for your own observations anyway.
In fact all holders should go and read the post from 17th July...
Food for thought there I suspect
EB
CQT Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
