Hi Mojo,
The reserves value, being prepared by Ryder Scott in accordance with SEC methods, is I think as close to "cash value" as you can estimate for accounting as asset value. I mean if it were to be sold off it would fetch that price (check the number used for pricing vs todays price and redo your NAV etc).
I was using numbers right out of their 10-K for y/e 6/30
If you convert the oppies then you have to add in the cash.
Cheap it is. But will it get cheaper?
- Forums
- ASX - By Stock
- SSN
- not such a great night
not such a great night, page-33
-
-
- There are more pages in this discussion • 55 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SSN (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online