daytrades april 7 afternoon, page-64

  1. 12,893 Posts.
    CVY: This is another one with a common chairman to OVR that is seriously undervalued PJ. 1m ounces of gold and an undiscounted cash flow of US$156m from the starter pit producing 310K oz at $595/oz. With 83m shares on issue there is significant upside here also. I'd suggest traders take a look. I'll do a proper discounted cash flow model soon but my expectation is that the figure will come in around US$100m discounted, or $1.28 per share. I'm in from 22 cents.
 
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