EPC 1045. BWN buy it for $2.7m, spend a couple of million on it and then Minnelex value it at $1.09m (100%) despite valuing it at $5.1m in the 2008 IER using the Prospectivity Enhancement Multiplier approach?
Please explain how the $ per sub-block method should take precedence over the PEM method.
Also please explain why you would use such a low PEM as per your previous post where you stated 1.25 would be appropriate. In the 2008 IER a PEM of 3.0 was used for EPC 1045. All other EPCs had PEMs of 2.5 or 3 with the exception of Tarong and Cape River which had 1.5 (whereas I would have used 1.0).
I look forward to your response.
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Last
49.0¢ |
Change
0.020(4.26%) |
Mkt cap ! $134.8M | |||
| Open | High | Low | Value | Volume |
| 47.0¢ | 50.0¢ | 47.0¢ | $90.52K | 186.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 56650 | 47.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.0¢ | 7910 | 1 |
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| Last trade - 15.14pm 11/07/2025 (20 minute delay) ? |
| BWN (ASX) Chart |