Sorry...
"And then if you consider that BB suggested a price of Cobalt at $1,00,000 next year, that would suggest a NPV of $(720M/$60,000) x $1M which equated to a NPV of roughly $100 to 120M. Which would suggest an SP of roughly about $1.25 to $1.50."
Should read..."And then if you consider that BB suggested a price of Cobalt at $1,00,000 next year, that would suggest a NPV of $(720M/$60,000) x $1M which equated to a NPV of roughly $1.000M to 1,200M. Which would suggest an SP of roughly about $1.25 to $1.50 if there were a bit of dilution."......Can always blame the good wine....but the best thoughts are always there when u r a bit into it...
CLA - FA Bagger Aspiring Cobalt developer. Huge landholding, B Borg, page-682
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| Open | High | Low | Value | Volume |
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