Justification of 10 P/E:
(a) Talang Santo is already 3 times bigger than Way Linggo
(b) Talang Santo has yet not been qualified by JORC drilling (open)
(c) There are other potential KRM mines nearby (see previous reports)
IMO, the overall KRM mine life in this area is 15 years +; hence the 10 P/E
Cheers
Moorookamick
PS: Please do your own research.
Ann: Quarterly Activities Report , page-4
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Last
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Mkt cap ! $26.37M | |||
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