ACB 0.00% 6.8¢ a-cap energy limited

LOL, CJ.You are getting excited!Believe it or not, I like ACB...

  1. 3,731 Posts.
    LOL, CJ.

    You are getting excited!

    Believe it or not, I like ACB better than BMN although both are low grade.

    You might think I am double standard. There are a couple of differences:

    1. ACB is very small in market cap, not much downside;

    2. Most importantly, ACB is still an exploration play, and blue sky possible. But BMN is more or less a development play. People will use different yardstick to value them. Check the mining project valuation cycle, you should understand what I am talking about. (of course BMN can still subject to re-rate due to resource upgrade, and takeover possibility)

    Good Luck
 
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