"$2.1b divided by 35 times by 15 = $916m ($733m risked at 80%) is the value that can therefore be ascribed to FAR for its share of SNE."
That seems fair at this stage of the project but I think the best way to look at it is FAR would not be parting with SNE for an offer any less than that anyway ...IMO the fact our shareprice does not reflect that valuation in its shareprice is very simple , nobody has made an offer for it and FAR is not actively trying to sell it or needs to.
The true value of SNE will be reflected in the shareprice at or near production ( read income) or if an offer is made or if it is put up for sale...
In the meantime success with PE and or A2 could alter things considerably...It's a big year for FAR on a number of fronts...
Cheers Whisky
Goldman Sachs - Value of SNE :), page-15
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Last
48.5¢ |
Change
-0.010(2.02%) |
Mkt cap ! $44.81M | |||
| Open | High | Low | Value | Volume |
| 49.5¢ | 49.5¢ | 48.5¢ | $34.87K | 70.84K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 27749 | 48.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.0¢ | 10897 | 2 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| FAR (ASX) Chart |