mike26 Oct 2009 16:59
5 x increase in market cap would see an SP at 20p +, I think the markets will price in 10 - 12p conservative to account for costs etc.
"WEST African Diamonds (WAD) – the John Teeling-chaired mining company – is close to finalising a merger deal, which would grow its market value from £3m (€3.3m) to £15m (€16.3m) and increase its annual production rate by 400%