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Article from Investors Chronicle UK

  1. 372 Posts.
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    Luke 2 not just me !!!!!!

    Excellent write up by UK Premier Investment Magazine 'Investors Chronicle'

    The Conclusion ' So What Is This Thing Worth '

    A Canadian Research team Paradigm Capital believes ALPALA ALONE should carry a Net Present Value of
    $1.4 BN assuming a discount rate of 12% - a 25 year Mine Life - a long term CU price of $3.10 per pound and a gold price of US $1250 per OZ for Gold. There is a gulf in the market value and a likely Net Asset Value

    They commented that the fact that ALPALA is just 1 of many potential Projects could be the kicker. Add to that the upcoming release of several UK Analyst Reports and WE DO NOT EXPECT SOLGs S/P to be SUBDUED FOR MUCH LONGER.

    DYOR

    moureeses8
 
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