AAU 0.00% 2.0¢ antilles gold limited

Unbridled optimism would be when share price at near all time...

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    Unbridled optimism would be when share price at near all time lows and still not cashflow postive to be saying not a great risk/reward equation. If you crunch numbers based on recent results it shows would have to be all mighty stuff up from here to not be cash flow positive in any quarter and earning indeed decent cashflows with good probability easy to see that $29m EBITDA per annum not a stretch.

    Not unbridled optimism but what simple FA suggests....and hence doubling of current share price is not a stretch based on recent and forward numbers.....

    Unbridled optimism would be me claiming something beyond that...ie 50 cents target...which I agree would be unbridled optimism......

    Read my post - risk / reward is as good as it gets...
 
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