The two mills would be worth $300 million, and we have $100 million in the bank. So if Federation is worth 50% that would give us $800 million total making for a share price over 90c. That of course would attribute nothing to Peak Deeps which as I stated on another thread, has two gold intervals over 100g/t. 90c looks cheap to me. Throw in Peak North, Chronos and Great Cobar (which is massive - 2% Cu but also some reasonable gold intervals) and there you have your $1.
The two mills would be worth $300 million, and we have $100...
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Last
17.8¢ |
Change
0.008(4.41%) |
Mkt cap ! $287.5M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 18.0¢ | 17.0¢ | $173.7K | 996.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 641026 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 1307931 | 17 |
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