Agree, agree, agree. I reached the $5+ per share conclusion pretty much the same way you did (you can also get to about $12 per share if you really work the figures and include Sentinel etc.). It is just a mystery as to why no one else has, except of course, the Directors themselves. As you say, they appear to be very low profile on it. I wonder if, when the market does get wind, whether they are worried about it taking off took much too quickly, and being unable to provide an explanation other than to just say that they (like us) can't understand why no one else saw the opportunity.
As you say, big deposits, co-located with others of similar size, in the middle of mining friendly country, with rail/road etc. all local, and mining permiting the norm in local government - plus the world moving to electricity for everything, plus most US housing stock having to be upgraded (wiring wise) in the next few years to be legal, plus plus plus...........
I'll be 56 in five years - perfect timing
PMH Price at posting:
9.0¢ Sentiment: Buy Disclosure: Held
