MRP 0.00% 6.1¢ macphersons resources limited

even on terrible model input numbers mrp is wb

  1. 46 Posts.
    So,

    I did a back of the envelope valuation
    Being VERY conservative – Using the following assumptions

    Silver price $15 - current $23.89
    Gold – No revenue
    Cost per silver ounce - $12
    Corporate costs - $30M - Prob far less
    AUD @ US$0.90 - conservative
    Capex $66M - Spot on
    Applying ZERO value to any potential resource upgrades and using only a 5 year mine life..(they have explored about 0.5% of the total acerage, so applying none is silly but illistrates the value)

    I get A$0.77 per share.

    Enought said.

    IM BUYING THIS.
 
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