Irefined a bit the numbers from last night. In the DCN column the RED representsthe DCN market cap projection. Thisprojection is calculated assuming the same valuation that NST paid for the 50%of the Superpit in percentage of the return over the 13 years of the LOM. Ialso removed from the Total earnings the net debt of DCN. Always IMO Rohan andthe BoD would not sell this asset for 2,18$ at +50% from current SP. In factthey know that if they are able to extend the Life of Mine (this was mentionedat the AGM and clearly he see this happening) and improve the production topline they can unlock much higher value.
DCN Price at posting:
$1.45 Sentiment: Buy Disclosure: Held
