this is a type of OPEN CUT platinum deposit which will be processed in the near by plant which is just being built by aquarius since open cut 800 000 ounces of platinum say $us200 profit per ounce thats about $260aus profit per ounce ie 800 000*260===$aus208million
on fully dilluted basis after exercise of 30 million options and including todays placement of say 8 million shares say 100 million shares
thats 20 cents per share profit on this deal alone a pe of say 5 times is $1
this is my opinion only anbd do ur own calculations
brilliant deal and option to extent to the north i believe more deals are coming .........................................................................................
SLV Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held