I'm thinking about selling down EXT tommorrow morning, therefore sp will rocket in the afternoon session accordingly.
If you want to make some nice $, top up tommorrow morning and sell out at close.
hehe.. :p:
Nobody can beat me in losing $$$$ from trading. Every time I sell out, sp goes up like 10~20% and every time I buy in, sp drops like hell
If you want to make some money, bribe me to sell EXT.
If the mine can generate $5~6b over 22~25 years mine life and GRR holds 50% share after the capital raising by the JV, that will be $2.5b over 25 years using the conservative iron ore prices.
2500m / 25 = $100m per year in revenue.
It seems like there are around 90~100m shares on issue...
Grange mine to generate $22b in revenue
Email Print Normal font Large font July 21, 2006 - 6:01PM
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AdvertisementJunior iron ore developer Grange Resources Ltd's flagship Southdown project will generate more than $22 billion in total revenue with construction of the mine due to...
Two articles from the Australian
http://www.theaustralian.news.com.au/story/0,20867,19867652-643,00.html
http://www.theaustralian.news.com.au/story/0,20867,19867872-643,00.html
Drilling results boost CuDeco shares
July 20, 2006 - 7:44PM
Shares in copper explorer CuDeco Ltd went for another rollercoaster ride on Thursday after the junior company extended the size of the Las Minerale deposit.
The former Australian Mining Investments Ltd has been drilling at the...
You think it's possible to go back up to $4 range in a short term?
hmmm.. I doubt it.. a huge ann such as big corp jumping in as a substantial shareholder and additional copper discovery will be needed to break $3 in my opinion.
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