HAZ 0.00% 4.0¢ hazelwood resources ltd

Ann: Massive Tungsten Mineralisation at Big Hill , page-9

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  1. 14,562 Posts.
    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
 
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