re: the proof (student) tastarga, just reading this thread i can...

re: the proof (student) tastarga,

just reading this thread i can tell you know your valuation stuff. your prhase:

"A 'net present value' is a net present value-full stop. You dont divide it by anything or multiply by anything- it is what it is-the sum of yearly net cash flows after tax discounted over the relevent time period back into todays dollars."

sums up this situation perfectly, yet it seems rampers ignore your better knowledge in hope that someone with a geology background is more correct.

If this was a decent sized stock, with some broker coverage, they woulda thought it was april fools day.

I dont normally bag people, but i pity student, who has probably just finished his HSC and doesn't know anything on valuation. Hopefully he will get high enough marks to do a finance at uni, and then to get the pre-requisites to do a corporate finance course, where he/she will learn how to use dcf's and multiples analysis.