Just looking back over some old posts, in particular by DGH44 re Monty and its value I found this to confirm what I though:
"I was trying to calculate how much extra value does today’s announcement add to Monty’s value in dolar terms but that’s very difficult to do. We know that based on the last valuation (last June for AIM listing), Monty was worth about $32M (more then our current MC). If I’m correct, that value included the first silver results that we received in May so any increase in value over $32M can only be based on today’s results"
I hope you do not mind me re-posting this DGH44.
Do we take from this Monty has now been revalued from 32M to 5.7M?
BMB Price at posting:
10.5¢ Sentiment: Buy Disclosure: Held
