all positive, page-8

First 8 Last

Share
Profile

Follow
user23

3,914 Posts.

14/08/16

17:16

Post #: 18514417
Share

Originally posted by charliek ↑

User

Time for you to do some proper research. Have a think about it. Best case scenario we have both Kolosori and SJ, and based on the 10% JORC we have completed to date use that calculator sitting on your desk that you haven't used yet.

Add 90% of Kolosori yet to be JORCEd , now add 100% of SJ to this equation and judging by historical data this should be the same as KOlosori give or take. Now add the increasing price of Nickel and it is increasing given the bans from Indonesia and the forthcoming bans from PHillipines. Now calculate earnings on all this and multiply by a conservative PE ratio of say 8:1 , then press the = sign and see what you get.

Yes this is a basic method of calculating MC but it should give you a rough idea where avq is headed once we get Kolosori back. This doesn't account for all our other tenements which will be progressed once we have cash flow.

That was mathematics 101. This is the only post I will direct at you from here on in because you seem to be internet on putting down our company and that's not cool. Now go and do some research and truly educate yourself or take a hike. We're sick of trolls and naysayers. We don't need saving , we're all big enough and ugly enough to know what we're doing.

Now back to my drink and watching the footy , go the rabbits ( for 2017)

Expand

I am going by the current number, which their feasible study was also using (along with their estimating if nickel price increased by x%). No-one uses potential or future reserve discovery in mining. They could strike gold in the other drilling or nothing.

AVQ Price at posting: 26.5¢ Sentiment: None Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

PYC

PYC commences new study on drug for eye condition Retinitis Pigmentosa type 11

GRE

Greentech finds lithium trend across 5.5 km at WA's Kobe South

LGM

Legacy shares jump on discovery of multiple epithermal veins at Bauloora JV

AW1

American West does it again at Storm with visually identified thick copper hits at Cyclone, Lightning Ridge

I88

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”