Okay so adjusting to todays price, they have 245million shares at 13c each makes $32million, less $15.9million in cash equates to being valued at just under $16million. Add a plant that was going to cost between $100-150million, numerous mines with considerable drilling already carried out, Kylyati nearing second dfs and Roseby now showing signs of being a monster. All in safe contries and all containing copper/gold, which show the strongest demand. If think I can safely say all this for $16million, is fairly undervalued.
URL Price at posting:
13.0¢ Sentiment: LT Buy Disclosure: Held