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0.00% 2.9¢ condor energy limited

pfc-nice , page-10

  1. Chawkey
    2,214 Posts.
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    07/02/12
    00:18
    Post #: 9653936
    Thanks twinpeaks for your input. I used the mkt cap of PFC, grossed it up to show what 100% of the Georgina project is worth (in theory), then assigned 25% ot BKP,

    Using this methodology (which I admit is rough) and PFC's sp today of C$2.13, and an FX rate of AUD/CDN = 100:106.78, I come up with a fair value of 3.91c for BKP.

    This excludes any value for BKP's other projects.

    Make sense?
    BKP Price at posting: 1.6¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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