ok just say we base the share price on 20% of what they have in the ground. I was told thats how you value companies on true value without any speculative element.
That would mean they have $8bn usd worth of nickel, at a conservative price in this climate of nickel at $40,000 usd a ton. ok now that would make the share price of $8 usd per share. or $9.50au
SMY
sally malay mining limited
smy to make 500m profit 2008, page-6
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)