RE: Feb. presentation AFF franciso1, "Probably the futur biggest iron mine in the world IMO"
Maybe the biggest,...how about the cheapest today for NAV? NAV for Nkout $4.6B
Afferro MCap at SP $1.20 is $126M less $90M Cash on the balance sheet leaves$36M for all their Iron Ore properties.
Assume we only have Nkout, already with a PEA, todays valuation would be 0.0078% of Net Asset Value ($4.6B)
Yes, less than 1% NAV is Cheap!
Cheers, Mark