pwc caplin report values cvi at 45c to 73c now, page-2

This stock is worth at a minimum 45c-73c.

Note that the PWC value only takes into account the 3 assets:

CityView assets include:
•
40.5% ownership interest in Fortitude Minerals Limited (“Fortitude”),
•
10.0% Net Profit Interest in the alluvial Luachisse and Nhefo diamond projects, and
•
4.2 million shares in Pensador Inc. (“Pensador”)
These assets, based on a sum of the parts methodology may be worth between US$182 million and US$296 million. This implies a value of between US$0.42 (AUD 0.45) and US$0.68 (AUD 0.73) per share1.


Note it DOES NOT value any of the other much larger projects as they are currently in early stages of development:

Summary Valuation Analysis

The Company has three primary assets, which can be valued based on the Company’s estimates of its reserves and/or cash flow projections. Conversely, there are several other metal/oil projects and licence rights that are at an early stage of development and are expected to give a substantial rise to the value of the group in the future.

At the moment the value of these other licence/rights is assumed to have no monetary value.