RE: Well said19 Mar 2018 21:29
Pinman
They can just sour cos they lost in the past.
Steelmin is a gem and a no brainer, has been producing prolifically prior to the war, but now they are nearly ready for it to be up and running...
Steelmin projected ebitda eur10m per annum, once other furnace up and running near eur15m per annum. 22% belongs to is, what does one value our share, �12m?
Migori �10m
Steelmin �12m
Jupiter �6m-�12m
�3.5m cash in bank by end of april
mkt cap of 30m justified.... yet only 6m. Hopefully some action tomorrow, rns confirming jupiter ipo and divi repaid today..