Analysis of settlement - value range is 12cps - 16.5cps, page-2

Hey everyone,

Wow, I thought I'd get at least a little bit of feedback on my detailed analysis of the IDA settlement! I mean, come on, it's not every day you get an opportunity to discuss something that could actually make you some money!

I get it, if I had posted some juicy gossip about the Chairwoman's personal life, this board would be on fire right now with over 100 comments. But here I am, sharing a well-thought-out valuation that could benefit your portfolios, and it's crickets.

So, what's the deal? Are we here to make money or just to whinge about management all day? If you have any thoughts, questions, or even disagreements with my analysis, I'd love to hear them. Let's get some debate going!

For those who missed it, here’s a quick recap:

1. Valuation Range: 12.2cps - 16.6cps.
2. Distribution Discussion: Best case, we get a larger proportion based on sunk costs.
3. Tax Implications: No tax on the first $82m, and sufficient tax credits to cover the rest.
4. Capital Return: 10.5c to 15c back as cash over the next 3-7 months.
5. Remaining Assets: ~$1.7c per share value in existing assets and $10m cash for exploration (& I had suspected this was one area people would complain I was being overly conservative in my valuation assumptions!)

I’ve got a spreadsheet with all my calculations. Feel free to play around with it and share your own assumptions:Spreadsheet Link

Looking forward to some real discussion and feedback!

Cheers,

VK.