chart, page-105

Hi callidus. I personally picked up most of my research basic knowledge through my uni studies. And have then adapted it to real world throughout the years. However, value-able by roger Montgomery is a book I have read recently which gives excellent insights into valuing companies. But the limitation is that is really only good for valuing positive EPS companies, it doesn't really work for exploration companies. A DCF valuation is much better for valuing exploration companies, but obviously there is the limitation that there are a lot of assumptions, and therefore risk. But you have to expect that when dealing with explorers.

A simple Google search on discounted cashflow calculations should give you a decent start point. Also, pending askier approval I would recommend taking his spreadsheet from the previous post and try to understand how it works.