a not so comprehensive update, page-30

Not sure what you mean "undervalued". Are you implying it was over valued?

I don't recall making such an assumption. I did assume that whether undervalued or overvalued in relation to the rest of the market, this will remain the same on open.

How do you value a company like this in the first place? On what it is producing, or what it is likely to produce in the future given the risks on funding, commodity prices, MANAGEMENT etc. Likely a bit of both.


Was it under or over valued at 30c? 70c? $1?