Fundamentals7 Feb 2017 11:45
Price to Book here is around .30 anything below 1 is considered a bargain by Warren Buffett school of investing and you wont find many of them. And thats not even taking into account the Zani Koda licence and 3 million ozs gold mine, which is expected at any time and which would offset any geo political problems at Freda Rebecca. Gold up, Nickel up.
Strong trading results and stronger results expected in 2017. Brokers target price of 6.5p and that looks conservative.