GREY:ADEXF - Post by User
Post by
loverguy_nr1on Jan 31, 2011 8:49pm
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Post# 18052648
Production and 30 MUS$ deal...
Production and 30 MUS$ deal...I have 3 questian that i think is quite important.
1. The company has some business that may be little confusing. This 30 MUS$, can someone shortly describe it for me. Could it be a real disapointment here for the market so the stockprice will get hit?
2. This china partner and the chat around that on this board. Is this something that may be positive or negative for the stockprice in this case.
3. How fast could AXI go to production. If im right AXI are coming with Feasibility study next. Management is talking about to parallell the necessary approvals to speed up the process.
Have one additional questian. What do you think about valuation? 100 MCAD for (hopefully) 800+ Mton. How to valuate the company to peers.
One thing from CEO is nice I think..... "We have drilled 2.5-3 km of 200 km iron-formation and we have 50 years of production today".
GLTA