re: Ann: Massive Tungsten Mineralisation at B...
Wow , what a morning to be at the Doctors.! This is a fantastic annoucement. A huge hit , with lots of high grade shoots all through BigHill. Yee ha. ( Sorry if i am excited, it has been a lonely place to post at times LOL ) Bit early to call any NPV, or EPS, capexs etc, but if the range of 4 - 6 c held at 85c ex rate , then with a PE of say 6 - 8 maybe a price range of 24 - 48 c as a target. If the ex rate drops to the high 70's then the price could be in the high 30's - 50's. Lots of ifs , but with the high grade hits, low strip ratios and resource upgrades, looks like a mine is on the way. DYOR - Yee ha
HAZ Price at posting:
16.5¢ Sentiment: LT Buy Disclosure: Held