FME 0.00% 1.7¢ future metals nl

Ann: OEL: Alaska Operations Update - Winx-1, page-107

  1. 3,640 Posts.
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    Spinefx: you cannot be serious, look in the top right hand corner of the Hotcopper screen where it says "Mkt cap" for an ASX company.  That is clearly in AUD and not in USD so your argument is mute as any ASX listed company's market capitalisation and an associated valuation model is in AUD.  Surely you can agree with that.

    Now lets do some maths to validate my claims and my valuation model and multi bagger potential based on facts:
    1. A single barrel of oil discovered is worth ~$AUD7 per barrel (see my post 10:37am this morning (17th February 2019) and also Greg Bandy's presentation in the post before that by SV at 9:15am this morning (17th February 2019) - that is fact
    2. Lets say RMP land 63 MMbbl net (only half of the 126 MMbbl Best Estimate Prospective Resource)
    3. 63,000,000 x $AUD7 = $AUD441M Mkt Cap = SP ~$0.80 cents = ~Disallowed from last SP
    4. Lets say RMP land 126 MMbbl net (the full 126 MMbbl Best Estimate Prospective Resource)
    5. 126,000,000 x $AUD7 = $AUD882M Mkt Cap = SP ~$1.60 cents = ~20 bagger from last SP

    They are the facts in simple numbers in AUD that the ASX Listed Companies "Mkt cap" are presented and measured in.

    Further, this is Winx-1 and has no reference to Winx-2, Winx-3, or Winx-X...

    Once again, please play the post and not the poster and critique my SP and MC evaluation models.
 
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