More food for thought. These estimates of the value of Novo are based on different scenarios for the forthcoming Comet Well assay results as calculated by Hedgeless Horseman. He assumes a 5 km strike, 1 km width and 4 meter depth, and "Fair value is using $200/oz which is high outside of reserves." No idea how realistic this is, but it's fun to speculate. (For instance, if CW comes in at 15 g/t, the expected NVO share price is $32.76. Sounds too good to be true.)
Middlekoop video, page-4
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