daisy milano valuation, page-13

"If total number of shares issued is 153.4m, Daisy Milano is worth about $77.6m, equivalent to about $50.5cents/share.

SLR is fairly valued ?"

Current cash say $16M
adding say 7.5M per quarter...

if the company stuck with DM alone they would have around $77M in cash alone in 2 years or so....

So, you think it deserves a premium above expected cash backing in 2 years?

do you think that with the achievements of the past 18 months that the company may even grow a bit more??

hmmmm.....hard one(not).

I would like your opinion on Dom's valuation....less cash about $450M for a 100k oz pa project at similar costs to SLR.

SLR less cash is around $60m for 50k oz....

so either SLR should be $225M less cash or Dom should be $120M less cash.....which is it?