PRE 0.00% 6.0¢ pacrim energy limited

I'll buy your shares for that value mate. LOL.I dont usually...

  1. 3,802 Posts.
    I'll buy your shares for that value mate. LOL.

    I dont usually worry about looking at the value like that. I look at what we will make per ounce after mining and processing.

    I would consider $500/oz return after sales to be a rough estimate. Considering the shallow depth and likely strip ratio, we could squeeze out another $100-$150/oz.

    Obviously the above can be tweaked when the plans and mining/processing options are made public.

    As for your question, I'd be happy to pay around $125/oz to buy this company right now. Add Kelly to the mix and you would be looking at a price of about 1.5c to 2c/share.

    I'm still buying those lotto tickets. LOL. If I happened to get my hands on atleast $5m i'd be on a plane to Vic to do a deal with the guys quick smart. I'd rather we had the money to drill and develop than buy on market.

    Doesnt hurt to dream a little.

    Scorp
 
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