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Locantro says, as a rule of thumb, around $40m per million oz...

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  1. WangChung
    11,072 Posts.
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    01/09/18
    15:59
    Post #: 35349215
    Locantro says, as a rule of thumb, around $40m per million oz (undeveloped).

    So current resource ounces / market cap aren’t particularly out of kilter with his metrics.

    Just not sure if the market will ever really get behind Bombora again.
    Last edited by WangChung: 01/09/18
    BRB Price at posting: 24.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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