OTCPK:ARTTF - Post by User
Post by
Austrian007on Jan 29, 2018 6:41am
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Post# 27452426
Exciting times Ahead
Exciting times Ahead My first post in Artemis and have been in SH only for a few weeks now.
The M.Cap of Artemis at the current price of AUD 20 is just about AUD100 M... so about USD 80M or thereabouts.
The first and admittedly small Cobalt deposit (in comparison to their other Cobalt deposits at Carlow Castle) of about 1000t (550,000t of 0.2% Cobalt) alone would be worth USD 75M... or their current M.Cap... ofcourse this is the topline and bot the bottomline... but given that the resource has gold as well as copper.. cobaly extraction could practically be free.
& this is a small deposit compared to the second one and even then it remains open at depth.
So if they list their Carlow Castle has a separate company, it will have a M.Cap that's higher than the current M.Cap of the entire Artemis...