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And why exactly is that a problem for MacBank?Where is the...

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17/07/19

11:14

Post #: 39558169
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Originally posted by yanlin: ↑

It is clear many of the investment analysts are playing a very dangerous game. I have highlighted one such institution: MacBank.
They currently value SDV the same way as they value any other undeveloped mining asset. They don't even factor in the recent capital investment in their valuation of SDV at the princely sum of A$20m.
The risk to institutions like MacBank is, the moment an announcement is made on SDV, they will need to commence factoring the mine as a development asset and, by any conservative measure, the addition of this asset to their overall company valuation will dwarf their current number.
We could see this share price explode if there is any sort of SDV development in the near future.
C'mon Simon, give us something pretty soon!!!

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And why exactly is that a problem for MacBank?

Where is the risk?

The under value the company and then suddenly the SP explodes.

So what?

By then they'd have bought in or helped their friends do so.

They will then publish a new updated valuation.

Why is that a problem? Why is it a dangerous game? Where is the danger?

So far they have been right for 18+ months

GXY Price at posting: $1.30 Sentiment: Hold Disclosure: Held
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0 Great analysis

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