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
21.0¢ |
Change
0.015(7.69%) |
Mkt cap ! $355.2M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 21.0¢ | 19.0¢ | $1.623M | 8.054M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2600 | 20.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 1078562 | 16 |
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