PEX 4.17% 11.5¢ peel mining limited

Ann: Southern Nights Returns Stunning Drill Intercept, page-144

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  1. 1,739 Posts.
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    Hi Happytrader 

    Nice work

    how would we emulate something like that another SFR?... well our grades being outstanding, some DSO will certainly help!. 

    By drilling out our 100% owned 2klms and surrounds of high grade polymetalic discoveries, a maiden resource then a Jorc then If we get say a billlion value as a start from Wagga Tank Souhern Nights less roughly half to develop at a crazy guess then $500 mill still gets us about $2.30 a share not including anything yet for Mallee Bull, Wirlong, and the Cobar assets generally. 

    If we have another discovery nearby say at American Girl or more at Fenceline then who know it’s mega stuff potential long term mining territory we are clarifying and entering into?.

    Sarg 


 
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