CMR 0.00% 15.0¢ compass resources limited

westmoon, page-28

  1. 7,486 Posts.
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    whats cmr worth now / ncm Plenty of Olympians in here now.

    Check out NCM caning :

    New earnings forecast 130 - 145 mill cf market expectation 171mill which
    gave it a 5 bill market cap.recently.

    If CMR was gonna be earning 50 mill pa from oxides only, does that mean we
    cld expect a 2 bill market cap ie say 20 bucks a share on say 100 mill shrs
    fully diluted and espesh given all the other goodies.

    Not likely (yet)

    I wouldave been outa NCM LONG time ago in favour of cash at call plus 20% of
    it into CMR of course. Thats the STANDARD Olympian philosophy from here.
    Bale outa EVERYTHING for 80% cash and 20% CMR and I betcha u will be miles
    ahead of the XAO next year.

    IMOOC ......I aint no financial advisor.

    So much for so-called "blue chips". There aint no such thing in OZ or US
    atm. CMR is about as blue-chip as u can get on risk/reward basis for mine.
    Still cant find anything to come close at this stage but Im biased of
    course.
 
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