RE: Value5 Apr 2017 19:13
I would hesitate at multi bagging straight out of the blocks, but taking everything into consideration, I can't see the sp opening lower, certainly not 40% !
Even with consolidation the company has greater value than this time last year, ALO is on the radar believe me ! I have spoken to many through other means that are wishing they got in before suspension and are just waiting to pounce on readmission.
What MJ and the team pulled out of the hat with Mowana is a stroke of genius in my opinion, ok a bit of luck too, but going from purchase to production within a year is phenomenal !
Not forgetting JV's with other projects.
It surely will multi bag, but I'm not expecting it from the start.