DSE 2.15% $2.85 dropsuite limited

hi simobthanks for your in-depth analysis, there should be more...

  1. 1,004 Posts.
    hi simob

    thanks for your in-depth analysis, there should be more of it. (chuckles)

    Very correct and restrained of you to use conservative figures.
    Acouple of points to add, if i may;

    1- You have used a US$ for the POG and a A$ for extraction costs. This probably puts your calculations out a little. In fact it puts them on the low side.

    2- You (possibly deliberately) have not included the economic benefit of any copper found as historically this has been a major by-product of mines in the region.

    3- Quite rightly you point out that this figure attributes no value to the Tanami or other projects 100% owned by excalibur.

    Well done mate.

    BoomTrader
 
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