toph
I stand by my last email. Haywoods assumes 200m lbs, so does LE. Haywoods gets $6.60, LE gets an inflated minimum of $10. It was a good attempt, but I stand by my description of it as "inflated".
It's all about assumptions and I respect LE for stating his assumptions and reasoning so clearly. You'll notice Haywoods made conservative assumptions, and LE made very optimistic assumptions and then failed to apply any discounting model. That's where the bulk of the inflation occurred with his calculations and your revision.
They'll need to prove up 2-3 times the uranium LE based his calculations on to get to his valuation range. As I've said, possible.
Z
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