SFR 0.47% $8.55 sandfire resources limited

Reading this thread has made wonder how we do actually value a...

  1. 2,803 Posts.
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    Reading this thread has made wonder how we do actually value a company.
    Sure we have market caps, PE, etc, but how the hell does that relate to what SFR have in the ground?
    So far I have just been doing back of the beer coaster calculations based on drilling results and coming up with estimates of tonnes of copper,gold,silver etc.
    I personally believe SFR have at least 100,000 tonnes of copper and probably well over 60,000 ounces of gold.
    A lot of it seems reasonable shallow , and there may be significant oxide resources.
    I keep getting back to a figure of around $5-6/share if there is no dilution to raise capex for the mining.
    But I am sure this has all gotta be wrong.
    Does anyone have any better ways that they would be willing to share??

 
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