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5.6¢ norwest energy nl

Ann: Change in substantial holding from MIN, page-81

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andyno3

11,148 Posts.

267

10/02/23

13:16

Post #: 66179777
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Originally posted by EyeoftheTiger: ↑

Hi OldGeo my valuation methodology is done in a project by project basis, to more accurately capture, development and distribution cists. Market price estimates are based on relative competiton in end markets, the model is complex involving probability distributions and a game theorey based price setting model.

This isn't easily conveyed in a forum post, but needless to say you cannot value a company based soley on unrealised resource potential.
Otherwise so many juniors would be over valued and lots of people would lose money as many of these projects don't make it from exploration to full production.

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"many of these projects don't make it from exploration to full production."
so are you saying that NWE with a 20% holding in a J/V with MIN has no chance of becoming a producer ?
What you are saying does not apply in this instance IMO

NWE Price at posting: 6.8¢ Sentiment: Hold Disclosure: Held
6 Upvote

0 Great analysis

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