CNB 0.00% 38.0¢ carnaby resources limited

All that glitters is...., page-199

  1. 3,825 Posts.
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    Can anyone do a ballpark valuation on the PFS?

    What are we expecting? $35M of free cash figure.

    So you apply the usual discount and some risk then ask what would you buy that for now? Minimum $20 to $25M? I'm not a guru on this but that's my simple thinking. It looks fairly easy to mine and low risk.
 
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