re: intrinsic value 1.18 US$400 an oz....yes
I am verging on the conservative side as I am trying to project out 20 years
My discounted cash flow price is actually a lot more than Huntley's. I would recommend buying or accumulating below 1.02
Huntley has -
Buy below - .85
Accumulate - .85-95
Hold - .95 - 1.10
Reduce above - 1.10
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oxiana limited
oxr 2009, page-10
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