MNC
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7.76% 53.5¢ merino & co. limited

Say we hit 1.2c by Q2 from Chuscal exploration, the oppies will...

  1. Seth Davis
    3,349 Posts.
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    23/01/19
    12:17
    Post #: 37197995
    Say we hit 1.2c by Q2 from Chuscal exploration, the oppies will have a time premium attached to them and will probably trade 0.5-0.8c depending on how excited the market is = 4-7x return as opposed to 3x return on the heads. If head go 2c, then looking at 1.3-1.8c for the oppies or 12-17x return.
    MNC Price at posting: 0.3¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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