What companies??? I merely posted some experts approach to gold company valuation to open up discussion. Thats the whole article I got no more people. Im a bullish KAL holder but it did sober me up. I say base case valuation 1s 22c.
And its easy to argue that its worth 37c at todays valuation given we know what their costs are likely to be from previous production. 5000 metres drilled done and dusted waiting for results should take care of any aritmetic assumption errors.
expert valuation advice, page-6
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