CSE copper strike limited
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interesting valuation, page-9

  1. moloch
    785 Posts.
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    31/10/13
    14:05
    Post #: 12512145
    Hi Guys, if you look at Note 12 on page 40 of the CSE AR you will see there is a $300k cost base in 2012 for 'Additions'. There is also an 'Initial Gain on Recognition' of $1,710,000'. Now I am not sure if the cost base is $300k or $2,010k, however I took the $300k as being the conservative number.
    Cheers
    CSE Price at posting: 17.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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