CAH
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0.00% $1.71 catalpa resources limited

is that right hedge book worth around 148 mill

  1. mikepike
    1,529 Posts.
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    21/08/09
    23:35
    Post #: 5541737
    352,000 ounces times (1557 - 1137) = 148 million
    Is that right and a market cap of 1,171,777,896 times 11 cents = around 128 million.

    Surely this has to be undervalued at this price with such a bright future, will get rerated big time in the next year.

    Regards

    MikePike
    CAH Price at posting: $1.21 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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