Share
12,000 Posts.
lightbulb Created with Sketch. 754
clock Created with Sketch. 04/02/24
18:52
Share
Originally posted by Bunn-Wackett:
↑
Fearmongering about raisings does expose people indeed. WRONG! As an aside and in response to many wondering why the share price wasn't higher I suggested the market might be anticipating a CR, simple. Further, I note that another poster on here applied a risk discount using available info and applying a percentage to NPV depending how far along the company is in its life from explorer to producer, early days the % is low and nearer production the % gets closer to 100%... and that poster came up with a price very close to what it's trading at now. It's how the market values mining companies at different stages, it's a guide and you're obviously unaware of that too. You may like to look that up instead of saying "it's going to 20 cents" with nothing backing up that comment.
Expand
You are a laugh as I have already referred to the 2.5% figure conventionally used as being wrong in this instance as we don't have average costs of mining.
(20min delay)