GREY:AFRIF - Post by User
Post by
LTGoldBullon Mar 06, 2013 2:56pm
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Post# 21089143
Nearing Cash Value!
Nearing Cash Value! Market doesn't think much or understand Nkout or Ntem assets when we are,
Nearing Cash Value on the books (C$90M) with a C$109M mcap.
Or the Posco Mou for that matter!
Wait until Hanlong/Sundance deal finalize, the chinese then move on AFF imo. If chinese are building rail and port, with rail right past Nkout, they will ensure the koreans are not aboard for a free ride. AFF assets too cheap, 1/10 paid for the Sundance Iron Ore prospect.(also less than 1% the Nkout PEA NAV)
Cheers, Mark