But importantly through "derisking the AG deposit " their valuation becomes A$1.00. CG is using a discount rate of 10% which I believe is too steep given that the Company is in production. Ivory Coast is very much open for business in the gold sector when you consider the major operators already there. Apply a discount rate of say 8% and anything below A$1.20 will not cut the mustard and I do hope Zhaojin stops wasting paper and our time.
- Forums
- ASX - By Stock
- TIE
- January Production
January Production, page-13
-
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TIE (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
HAR
HARANGA RESOURCES LIMITED.
Peter Batten, MD
Peter Batten
MD
Previous Video
Next Video
SPONSORED BY The Market Online