roadshow, page-11

re: roadshow amazed amazed it depends how you want to value CCI
On a comparitive basis with the likes of CMO (on AltX) it is overvalued.
But as you correctly pointed out it probably has a forecast NPAT of around A$16 M per annum which seems high considering the combined CAP of fully paid shares convertable notes and ops, with a combined cap of around $30 M
On an NPV basis of $50 M it looks sp reflects half this value so the other half can be attributed to the risk investers feel in the project .
I hold ops and shares
No blue sky value seems attributed in the sp towards other chromite in the bushveld complex or to gold in CCI tenaments