TVN 0.00% 4.6¢ tivan limited

scoping study....wow !, page-49

  1. 3,134 Posts.
    scaramella asked, "On the basis of that cash flow, what does anyone think this company is worth? Would a 300m Mkt cap be realistic?"

    Yes I think it is. According to a poster, cash flow of $148m for 23 years gives an NPV of $1.3b at 10% discount.

    For an NPV of $1.3b on an inferred resource for 258m shares, the SP target is: $1.3b / 258m x 0.20 (inferred discount or probability) = $1.01 = mkt cap of $261m.

    Consider where the SP has been, its is doing pretty well on huge volumes.
 
watchlist Created with Sketch. Add TVN (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.