Quote Originally Posted by Huang Chung View Post
Hmmmm, 100m shares or in the money options means a market cap of around $55m.

Seems a bit excessive in this market, given the limited nature of the drilling to date. Market cap is in the same ballpark as Discovery and Intrepid (after cash at bank is taken out).

Maybe some day this will be warranted, but I think the market is getting a bit ahead of itself right now.
8m at 27% (that's right TWENTY SEVEN PERCENT) copper.

Oooooh, I'm feeling ill......

http://www.asx.com.au/asx/statistics...idsId=00969675