I was just pointing out a system that I use for valuing...

I was just pointing out a system that I use for valuing resources in the ground after a PFS has been announced , demonstrating the probability that a resource will be mined. I take the in ground value attributable to the company and apply a percentage of 2% to 2.5% range. This gives me a target price. An alternative method that I use is attributable NPV from a PFS study and apply 30% to that number. However as we all know from experience many mines never become a reality ,even after PFS, due to extreme political risk or massive capex ($ 1 billion plus).