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26/11/04
14:51
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Some interesting figures in their presentation...
In particular, their comparisons of JAK to DEG and WTE...
JAK: 277,000 ounce resources...market cap $8.6m
DEG: 203,000 ounce resources...market cap $39m
WTE: 635,000 ounce resources...market cap $55m
Market cap per resource ounce...
JAK: $31
DEG: $192
WTE: $87
Distance to nearest mill...
JAK: 35kms
DEG: 500kms
WTE: 500kms
Working towards a 1m ounce resource at Wallbrook!
Plenty of other things on the boil too, including good Nickel exposure...perhaps this one has been missed by the market?
Might need to do a little research over the weekend.
Cheers!
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