canadian assets

Should MPO also list on the Canadian exchange to fully capture the value of the Quebec assets, which do not seem to have been valued appropriately so far by the Australian market ? If this is not done, I am afraid it could be the victim of a takeover at a low price.

I quote from the Wilson report :

To value the Quebec assets they used C$90/acre (page 1), while the market cap of Canadian juniors implies an acreage value of C$600 to C$1000/acre (page 2).

Using C$90/acre produces an unrisked value per share for the Quebec assets of $3.08/sh (after they provide for 80% risk, it goes down to $0.62/sh.)(page 8)

If the market values the Quebec assets in the same way that the Canadian market values its juniors, then the unrisked value per share of the Quebec assets should be (C$600/$C90)times $3.08/sh = $20.53/sh. Using C$1000/acre produces an unrisked value of $34.22/sh.

Providing for 80% risk brings these numbers to $6.84/sh and $4.11/sh

Do your own research. I am not an investment analyst.