WHC 1.16% $7.70 whitehaven coal limited

To rely on book value you are relying on estimates of ground...

  1. 203 Posts.
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    To rely on book value you are relying on estimates of ground resource combined with ofher stuff.
    Even NPV isn’t accurate as anything + a few years blows out. You’ve seen what’s happened to building and infrastructure projects and mining projects budgets.
    So keep it simple with a company that makes it simple for you. Everything else is more to compliment the value equation and test its robustness / sensitivity.
 
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