In 2-3 years we should I hope see GGG on the way to becoming a multi-commodity copper/gold mining company, with a number of operating minining assets with cash flow and a number of exploration projects. In those circumstances The market cap will surely not be £15m !
As a long term holder ourselves the ongoing growth and success of the company is of prime importance to us. We have not set target prices. Our holdings were made on the basis of long-term backing for a first rate management team.
Nimu is the next big step in my view and we look to the 2007 drilling results, if Nimu is as good a prospect as it appears, and thinking of Nigel's words "the best copper prospect he has seen in his mining career" then GGG may in your words "pull it out of the hat", in which case the upside could be huge.
If Nimu is something of a dissappointment (which would be surprising on the evidence) then the other projects will steadilly advance and GGG's management will have to work hard to achieve such a high target as £3 in 2-3 years.
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