NRZ 0.00% 0.4¢ neurizer ltd

attention stolwyk ..., page-57

  1. 22,691 Posts.
    re: attention stolwyk ...?/blue griffin Hi KalmsG,

    I don't profess to be an expert in some of these matters.

    At the moment:
    Based on MTN=A65 cents, the value of the resource per $A1 Market Cap is:

    PDN: $3.93

    SMM: $21.35

    MTN: $116

    Note, these are indicative values; risks, production and capital costs as well as profits depend on a number of factors.

    Referring to PDN, as you know the main project could be more economic than the other one.

    These projects are in 2 countries, thus 2 plants are needed if developed at the same time.

    I don't know if one or both African Govts want a "cut" in the form of participation. Souvereign risk is also an issue.

    Neither do I advise as to what company to select.

    The exercise I did, does indicate the value of resources per $1 market Cap and is therefore useful in a comparison of stocks, IMO. More so, if the differences are great.

    PDN is of course the most advanced.

    Subject to audit.

    Cheers,


    Gerry
 
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