BRZ currently cheapest entry into MSB JV, page-30

hahshahahagaba - the market isn’t giving 1c value to those assets /

QUOTE="Skattie11, post: 34315182, member: 476527"]My numbers aren’t wrong, yours are. Your $54m EV for LPI has not taken into account the value of the Argentinian asset ($2.75m) and the WA exploration assets ($12m). Including those and adjusting the A$ to CAD$ the EV of LPI falls to CAD$36.8m for a 51% stake in MSB. Implied MSB value is $73m

Adjusting BRZ for the limited remaining cash and equity it will receive and the resultant EV for MSB is a 30% premium to LPI at $95m.[/QUOTE]