valuation of pts shareholdings, page-5

Hi CD,

I get slightly different numbers.
You are diluting for unlisted options?


PTS shareholdings worth $25,316,250.00 or $0.288 cents per share. Thought we would be the same here. I am out by $1 million.
I am using WPG = $1.450
CHZ = $0.400
NMN = $0.180
EFE = $0.460


PTS mkt cap with 87,911,392 shares of $21,098,734.08 with share price at $0.240

So PTS share price is lagging by 4.8 cents per share.

I met your WA broker at the Friends of Platsearch meeting recently. He is pretty keen on PTS and EFE.

Thomson Fold Belt drilling is close. Delayed again.
Thunderdome drilling is close.
Callabonna drilling should have started.
Appolyon Valley project should be drilling in 3rd qtr.

Looking good, and still under the radar.