ADY 0.00% 0.8¢ admiralty resources nl.

ady worth 200 million plus oversold..., page-13

  1. 466 Posts.
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    Jesse,

    Its ironic that you comment that investors dont do their maths any more.

    In your calculations you have applied a price to earnings multiple, which is a multiple of one years earninging to give a price, you have applied this multiple to ten years.

    In other words you have applied a multiple to life of mine earnings to get a value of the life of mine.

    You have over stated the value by a minimum ten times and I would say much much more.

 
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