GIR 0.00% $5.43 giralia resources nl

ajshakey and wungchung , page-6

  1. 15,217 Posts.
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    Atlas is a very good yardstick for looking at where GIR could eventually be valued, but you have to remember that AGO's operations (other than the Warwick stuff) tend to be a lot closer to Port Hedland (which GIR can't quite replicate) and they have been very active in securing significant port allocations (including being a founding member at one of the terminals if memory serves me correctly). Hence, their 'premium' pricing is well deserved. Still GIR should close this valuation gap over time as we secure our own post access (and possibly rail), and our resource base is shaping up to be second to none.
 
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