GDA 0.00% 30.0¢ good drinks australia ltd

ago up $200m in value since corunna downs repo, page-11

  1. 21,227 Posts.
    one thing for sure is that even if watso has been a gda knocker, but it is hard to deny the facts. a market cap of $10m might be a bit optimistic - but surely $5m is realistic - but that is only relevant for today - the future could be a lot better.

    mmm and all the time, the honchos at gda do not think that exploration results from ago , are worth reporting - and that is unbelievable - after all, there would be an absolute minimum of 20m tonnes (ie $20m in potential royalties) in the relevant prospect - and a reasonable chance of some mining.

    all sorts of factors have to be taken into account - but the present market cap does seem to be a bit low


    some other time, watso might post a reasonable scenario which gives present shareholders the best value
 
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