BSR 0.00% 1.3¢ bassari resources limited

'There was movement at the station', page-32

  1. 868 Posts.
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    Jokerjanet the new updated figures are easy to figure out .
    Recoverable ounces 180,000
    Take the net profit figure from last study of US$76.9 million calculated @US$1,200 oz
    Add difference of today’s POG US$1670 =US$470 oz
    added value = US$84.6 million
    Today’s value of 180,000oz = US$76.9m
    Plus. US$84.6m
    =. US$161.5m =AUD$244m
    Divided by the total number of Shares on issue 2,387,754,965 = AUD$0.10 cents plus per share
    IMO the present share price is grossly undervalued
    & a rerate will soon happen as we get closer to production .

    Hope you find this helpful .

    Cheers
 
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