WMC 0.00% 20.5¢ wiluna mining corporation limited.

EV valutaion - BLK vs DRM vs SLR vs BDR

  1. 3,124 Posts.
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    Further to Reggie's recent post (see thread 'Gold hits 1800, Blk $1') comparing BLK, DRM, SLR and BDR - I've done further analysis (see attached file) based on Enterprise Evaluation (EV) and EVO (EV Per Ounce).

    Note: the figures in the file were sourced from company presentations and HC threads (as well as Reggie's numbers)... there are some gaps though with total Reserves and Resources (mainly because I wanted to get this post up and didn't have time to go searching deeper).   I make no warranty to their absolute accuracy.

    In terms of V, BLK comes to $204 A$M compared to BDR $579 A$M, DRM $374 A$M and SLR $284 A$M.....but the thing is (and I'm still learning here, so go easy on me), how can you tell based on EV alone, which is the better value proposition? For example, is BDR over-valued slightly or is BLK under-valued?

    This is where I'm a little confused...or do you guys consider a basket of figures/metrics?


    EV_analysis.JPG E
    Last edited by DonaldFrump: 07/07/16
 
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