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.
- Forums
- ASX - By Stock
- MRP
- even on terrible model input numbers mrp is wb
even on terrible model input numbers mrp is wb
-
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MRP (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, CEO
Anthony Noble
CEO
SPONSORED BY The Market Online