CE1
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0.00% 0.9¢ calima energy limited

CALIMA ENERGY - Positive Outlook, page-20

  1. Quest09
    820 Posts.
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    10/10/23
    12:28
    Post #: 70265257


    It seems you have a fundamental misunderstanding of the purpose of valuing a resource. Of course there are costs associated with extracting the resource, but that is beside the point. The purpose of this exercise was to estimating the value of the company's proven resource.

    Regarding the cost of extraction, from memory, i believe CE1 is running at ~65% gross profit.

    CE1 Price at posting: 9.2¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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