Post by
westcoast1000 on Nov 26, 2017 5:21pm
morningstar rating: undervalued
The Morningstar rating of fair value on this stock, as of Nov 24 is .18 per share. Hence it is almost 30% undervalued, recognizing it is not even yet in production.
Comment by
JAUBE123 on Dec 06, 2017 10:54am
Geez still no action, Maybe shareholders know the only way is up!? and are just waiting for some more news to know how much up is reasonable maybe? yawn
Comment by
Contrarian333 on Dec 07, 2017 11:23am
I think we are waiting for the second tranche of that $10m USD financing package (first part Pala $5m loan) and then they will be in a position to begin bringing the property back into production and we are away to the races. Ilmenite prices continue to be strong and look to be in balance for the foreseeable future and the apatite is as we know all spoken for at a premium price.