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Ann: Aircore Drilling Identifies Anomalous Nickel-Copper-Cobalt, page-243

  1. robbo24
    11,352 Posts.
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    07/09/20
    12:15
    Post #: 47140323
    So I finally got around to fixing my EV comparison table. I am not a great mathmagician so it took me a while to figure out the formula.

    https://hotcopper.com.au/data/attachments/2450/2450696-a17233447f9baea283b9f6e4ad966350.jpg

    The formula (with GAL as the example) is:

    (GAL MCAP / CR1 SOI) = X

    ((CR1 SOI*X)-GAL CASH+CR1 CASH) = Y

    (Y / CR1 SOI) = CR1 Share Price if it had the same EV as GAL


    PS - I have no doubt someone will know how to make this formula much easier lol plz share
    Last edited by robbo24: 07/09/20
    CR1 Price at posting: 38.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 2  Great analysis
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