re: the proof (get set now) Those valuations are what is recognised by using industry terminology-as a 'student' look up the definition of 'net present value'-it is NOT MULTIPLIED BY ANYTHING!!!
I have tried to phone Dr Sorentino on numerous occassions this afternoon, but his phone is continually engaged!
In a quick survey of fellow members of the AusIMM in the last ten minutes, besides chuckles of laughter I was wished a merry Xmas twice and told to sobber up three times when I enquired as to whether they have ever heard of a d!ckhead taking an NPV , and then re multiplying it by earnings-the response is who was trying to ramp what! The NPV is the supposed value you turkeys!!!
Cheers,TAS
re: the proof (get set now) Those valuations are what is...
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