CHZ 4.17% 12.5¢ chesser resources limited

looks okay.. what's the expectation punters, page-4

  1. 2,342 Posts.
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    Thanks Aksier,

    one thing though,
    'A 1m oz resource should justify a price in the range of $1.20 to $1.60 per share'

    Where does this calculation come from. If the other stock we compare it to has around 1.3m ounces, which we are both on and I won't name, is significantly cheaper then where is the kicker, is it in excess of 1m ounces. Or is it the fact that it is one single deposit.

    Will try and have a look over Kestanelik history..
 
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