Im hoping for around 25c per share but i have no idea how we will get there or didnt really know if it was possible so good to see someone come up with some rough numbers per share.
I'm interested how we are going to get there and what peoples views are:
- a takeover
- another investor steps in with a large amount of dollars to allow mine development
- a large cap raise to allow mine development
- sell the deposit
Or some other option?
Have to keep in mind how long T3 took to drill, think from memory current cash reserves will allow around 3 quarters of operations. This would mean that if we want to take more targets to a resource size stage we are going to need more cash. If the big IP target is in fact as big as we hope it is, its going to take alot more time to drill considering the depth.
MOD Price at posting:
3.4¢ Sentiment: Hold Disclosure: Held