In our report on the Colluli PFS published on 7 April 2015, we estimated an NPV for Colluli of US$897m assuming the 30-year life examined in the PFS. With a very large 1.1Bt reserve now proven, we have examined the valuation impact of a 60- year project life. Under this scenario we generate an NPV of US$998m, which supports an NPV for Danakali shares of A$1.07/share (10% discount rate, 60-year project life supported by the 1.1Bt reserve)
Not bad upside of 132%! These reports are usually super conservative as well. I have no doubt we're sitting on a cracker with DNK.
- Forums
- ASX - By Stock
- Ann: Edison Research Report
In our report on the Colluli PFS published on 7 April 2015, we...
-
-
- There are more pages in this discussion • 2 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 DNK (ASX) to my watchlist
(20min delay)
|
|||||
Last
31.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $151.0M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
DNK (ASX) Chart |
Day chart unavailable