Ann: Kasiya Expanded Scoping Study Results, page-11

From Germany Mining Portal

Conclusion:

Sovereign's study was done with the best consultants in the industry (see page 16), which gives confidence not only to me but also to potential buyers.The key data, with a current NPV of over $1.5 billion (>A$2.1 billion), shows the company is massively undervalued. Capex is feasible and has only risen slightly despite massive increases in NPV, EBITDA and revenue.The reaction today on the Australian stock market is moronic and is related to the fact that the stock has been exposed to the past three very weak trading days. The tax-loss sell-off in Australia until the end of June is weighing, providing smart investors with an unanticipated opportunity. At an NPV of A$2.1 billion and a market value of around A$200 million, we see a massive valuation GAP.


https://www.minenportal.de/artikel/473306--Sovereign-Metals-Ltd.~-Hervorragende-Scoping-Studie.html