vtem is complete, page-67

Guys, see my post back to 7 Nov12
just sit and wait for announcement about Chinese buyer..:)
forgot one thing, need to redo the valuation about the graphite reserve opportunity based on the info from announcement, $2/share, $2.5/share...?

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07/11/12 17:12 (View) Post Reply Back (+3)
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sharelover
Post #: 8751754
Price at time of posting: 62c
In Reply to msg: #8750895
IP: 122.106.xxx.xxx
Sentiment: Buy
Disclosure: Stock Held
Views: 193

we are all just focus on the window make project for Ni and Cu, forgot about the Graphite project at Yalbra, based on SER case, they sold their entire graphite project to Canadian around $70mil with much smaller scale of reserve (less than 5 mil tonnes of reserve and 8% C) extrapolate to the value of BUX's reserve, the value will be easily exceed $80mil, or $1.8/share!! BUX graphite reserve target 8-12 mil tonnes, at 7-11% C.
just imagine how mach $ BUX's Chinese will pay for the graphite reserve!