VAN 0.00% 4.7¢ vango mining limited

ord river resources eyes 10% stake in coal , page-6

  1. 12,639 Posts.


    It all depends on profit margins because you could spend 1 bill and end up making no profit and go broke.

    Assuming that ORD grabs 10% of CCD's projects and equipment then ORD will take home 10% of the net revenue.

    This is going to be very hard to place a value for this at the moment even though I do see it as value added to the share price.

    If someone can come up with a projected profit figure then that will make it easier however I feel that it is a little too early to do that as well.

    To add value at this early stage of the game I would take CCd's total resource and get an insitu valuation for ORD at 10% of that insitu figure.
 
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