BML 4.76% 10.0¢ boab metals limited

Vas ive said before you cant use spot for valuation assumptions...

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    V

    as ive said before you cant use spot for valuation assumptions - esp for silver

    i mean you can - but the market will slap you down with a cold halibut to the face

    long run mean price receiveds. ie wtd avg price over 12 mnths - is how you dial in to the DCF value

    more importantly market will typically use a stiff discount on silver because of its volatility - and you need the market to want to buy on its terms not yours


 
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