I think were talking 5mtpa!! (possibly even more) thats still a 20 year mine life -and expoansion possible "in all directions". The money is available for it in this global desperate for Co environment of the next few years so-"Make hay when the sun shines" no??? Of course!!
You know I did my last valuation based on a 2mtpa plant -If i do similar on a 5 mtpa plant I get to like 9$ a share!!! ((ill post one later when the dust settles and ive time to check all)
So from my point of view looking a head )hopefully intelligently and balancing risk and reward) IMO I'm 99% sure thats the way they are gonna go- Its too damn logical not to. IMO I'm 99% sure they can get that funded by bank/JV, IMO I'm 88% sure Namib govt wont play silly buggers with an asset like OPUWO now -they never have before and no logic to do so with current Admin in power. Therefore IMO 90% sure this share is going at least over 4-5$!!! within a year or two or so.
126,000 contained tons of cobalt after just 128 holes drilled??? if we lift and process it for 40,000 US a ton (probably wont be that much) and sell it for average at 90,000 US a ton over next 10 years thats 50,000US a ton profit - after tax & other stuff thats 40,000USD a ton profit x 126,000 tons = 5 Billion USD Asset and profit over next 20 years!!! And we are just starting...And BB keeps pulling rabbits out the hat and outperforming?? tell me why on earth will this not go to 4$ a share plus??? just 2 or three valid or likely reasons Ill give you 50 reasons why in return.
the logic of 4$ happening to me at least is far more likely with BB EL Gheko Kobus at the helm than the SP going to less than 17 cents a share in ayear or so? so why sell now unless you are a complete investing fool who doesnt belive in yourself and your judgement and that you can get it massively right sometimes. Its not always someone else who gets lucky and gets in the right place at the right time! So man-up you spineless worriers and sellers now- just simply look to the future inteligently believe in yourself and hold. Mark My words!
Ann: Opuwo Cobalt Project Maiden JORC Mineral Resource, page-102
Add to My Watchlist
What is My Watchlist?
