KP2 Discussion, page-357

  1. 1,865 Posts.
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    Nice post.

    If i am reading this correctly, the calculation is made using the current number of shares on issue "today".

    The calculation uses the NPV from the Feasibility Study (which is still relevant today), and calculates a share price using the number of shares on issue today.

    I could be mistaken, but that is how i read it.



    https://hotcopper.com.au/data/attachments/6411/6411224-76068949d8cb82d470dfc642d99f4095.jpg

 
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