RE: Back in10 Dec 2021 14:13
Turner Pope valuation of 83m seems to be on the very low end and very likely has to be revised Upwards with what is yet to come.
Hanc0ck 10.4 m tonnes currently. But with new discovered ridges running upto 9km, we could be sitting on excess of +50 Million tonnes.
Brockman initial estimated +233 million tonnes dwarfs the Hanc0ck iron ore tonnes. This one could be excess of +1 Billion tonnes. Neighbours RIO, BHP, Fortescue.
EH highest grade Silver mine to re-open after 20 years.....previous JORC about +4Moz....bound to be lot more. Previous owner decided to take shares in UFO instead of CASH....why?
He knows value of UFO shares in coming years would be Multiples of upfront cash price.