CMR 0.00% 15.0¢ compass resources limited

short trying to cover, page-19

  1. 655 Posts.
    "So if you include 100% of the sulphides then the spot valuation should be $24 per share."

    Not so...The sulphides (50%) are quoted at $3.25ps. So if you take 100% of the sulphides the valuation becomes $15.25ps and not $24ps.

    Any way you look at it CMR looks undervalued.
 
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Currently unlisted public company.

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