all quiet on the western front, page-9

Pesa,
You are quite right if using the reasoning provided in the document. REASONABLE. i.e one can best reason following the methodology and subsequent recommendations in the report.

I suggest it is also reasonable to spoil the party for the leaching/leeching share price situation especially for those that have had skin in the game for a long time here.

For a recent entrant and for those gutsy enough to have
bought at one point something cents it presents a way out.
Only a way out though!

For long time holders there is less REASON to buy into something with the risk inherent in BCD for zip return.

You have posted a life of mine valuation range from the report of $39-77M.

This does NOT seem a prudent nor REASONABLE risk/return to me and I suggest many other pre Bendigo and Minemaker play shareholders. Nor do I believe it represents value for any new speculator (Speculator I say, for it is not likely to be considered an investment by any sensible analysis. Definitely not long term sufferers which was my point in my reported frustration and clearly negative sentiment regarding the whole Beaconsfield saga.
Cheers
JH
SENTIMENT: Option Unavailable. My real sentiment CGAS