RE:I'll stick with my $10 target thank you very muchTaking WAY TOO LONG to GET IT DONE eh !!!!!!!!!__IF OffTake/Financing IS NOT DONE
Sooner Than LATER__the Kombat Mine Licence RENEWAL comes under Greater Risk.
Actually I have a GUT FEELING That Uncle JED May have Actually BEEN Trying to FIND
a BUYER for KOMBAT__as Junior CEO's NORMALLY Do NOT Take Their Projects INTO
Production.
The SILVER HILLS with a STEADY Stream of DRILLING Results IS the NORMAL REALM
for Penny Stock CEO's__Not BORING PRODUCING Mines with ALL Their COMPLEXITIES
juniorbullalive wrote: and its easy math . By 2024 Uncle J has stated he expects the plant to produce 32 million pounds of copper - at $2 cost , and say $6 copper ( could be much higher ) , thats 128 million of CASH FLOW baby . an industry multiple of 10X , gives you a 1.28 BILLION market cap , divided by roughly 120 million shares , is ,wait for it , 10 bones . And peeps ,this does NOT include silver or any discovery in Morocco ( which I believe will match Namibia in valuation . So $10 in 3 years is lowballing and Im sure Harley and his good freind Red Smear would surely agree :) Im a holder/accumulater , with a target of 2 million shares tucked away by 2024 . Pay day will be sweet .