MBM 3.33% 3.1¢ mobecom limited

targeting upto 2 bill t @ 60+% fe - africa, page-6

  1. 23,253 Posts.
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    Had this stock on my pipeline list since it announced its $2bt Target... Takes a long time to get set in such a thinnly traded stock...but if they do make the target this will be valued with the likes of SDL...

    I reckon the 2bt 60+% fe target refers only the the High grade Cap I would hazard a guess there is a fair amount of sub DSO grade 35-50% fe underneath it. As this is the case with almost all Fe projects in this region. Lets hope..

    Time will tell...All is IMHO DYOR
 
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