Dasa, My NPV includes all the cash on hand plus the value of all the shareholdings at current market prices.
I also use the UBS forecast for Copper (not the current copper price)(It is very close to the Goldman Sachs Copper price). This is what the analysts would be doing - using long term copper prices, not the day to day price.
Agree with your sentiment. They do not appear to want to buy at the top of the market.(once bitten, twice shy maybe). They are being patient and disciplined and they have another 10 months to buy something. (I do not want to see another Wolfden Resources or Allegiance)
All the talk from Terry Burgess is about the best way to increase the sp is to discover another P Hill close by. He is not stupid. He is spending time and energy and money in the area he should.
Here is hoping for a good prod report tomorrow.
HT1
OZL Price at posting:
$11.50 Sentiment: Hold Disclosure: Held
