Australia's largest stock trading and investment forum Australia's #1 stock forum

TPD

Click for more information

0.00%

21.0¢ talon energy ltd

Turns out MST had already done an update, I hadn't seen it, it's...

First 296 Last

Share
Profile

Follow
Justadabble

9,162 Posts.

3104

14/03/23

22:21

Post #: 66766648
Share

Originally posted by Justadabble: ↑

There is a lot of commentary on "destruction of value" and similiar. When the SOI increases, it is always going to have a dilutionary effect. But by how much? I revisited the MST Research and revised the SOI. This is what I found...

Walyering 2P = $108,000,000 => $0.17
Walyering 2C= $19,000,000 => $0.03
Walyering 2U = $15,000,000 => $0.02
Condor = $24,000,000 => $0.04
Gurvantes (TMK @ 1.4c) => $26,600,000 = $0.04

TOTAL = $192M (cash and TEG farmin excluded) => $0.30 (was $0.40 with TMK SP of 2c => nominal "loss" of $12M on previous.

Not in MST valuation = L7 2U = $19,500,000 = $0.03

I have never been comfortable with the TMK lookthrough methodology, prefer "in ground"

Gurvantes 2C risked & valued in ground = $253,000,000 => $215,000,000 (after 15% royalty => $0.33

JMO. DYOR

Expand

Turns out MST had already done an update, I hadn't seen it, it's slightly higher than my numbers with the exception of a proper Gurvantes valuation, see attached

MST-Access-TPD-Update-Report-7Mar23.pdf

TPD Price at posting: 14.5¢ Sentiment: Buy Disclosure: Held
9 Upvote

1 Great analysis

Reply

Top Stories

Revolutionary inverter technology leads the clean energy charge

NEU

Neuren Pharmaceuticals dips after pediatric Angelman Syndrome Phase 2 trial results fail to impress

TNC

True North increases silver metal at QLD's Vero deposit by 20%

HZR

Hazer Group reports ten days of continuous operation at graphite-manufacturing test facility

Bitcoin: Current State of Play & Where to Next | Swyftx

Dale Gillham's weekly wrap: picking resilient stocks in a volatile global market

Emerald & Azure score Digger & Dealer awards

Week 32 Wrap: AI is clearly overhyped – but did we see ‘bubble’ burst already? Plus RBA decision; Japan’s wild week & Google ruling

From the Floor with Federal Opposition Leader Peter Dutton at Diggers & Dealers 2024

TKM

Trek Metals jumps 5% as gold & REE drill run kicks off at Christmas Creek in the Kimberley

There are more pages in this discussion • 3 more messages in this thread...

First 296 Last

Add TPD (ASX) to my watchlist