For those interested, a copy of my updated valuation is posted on gmail (Bozo's gentle shove focused me).
www.gmail.com user name: austpacresources password: austpacresources
Notes: * This is not investment advice, please don't rely on this for investment decisions. No liabilty is intended or will be assumed on my part. * Anybody finding basic forumula errors let me know as I have done this fairly quickly. * Its a prertty basic valuation - the tax estimate especially. * Doesn't include gold, DRI - sorry guys I know you want this, but I don't have any info to work on. * Post any questions on this forum and I'll respond when I can. * Happy to take constructive criticisms and am braced for the usual outcry * Constructive suggestions for improvement (preferably with some outline of intended design) welcome. * Want to tailor the inputs - then adjust the yellow cells (particularly the probabilities and the tax rate)
Finally to clear something up, I am not a Corporate Financier or Investment Banker. I am a strategy consultant to large Financial Services clients in the Retail Banking and Corporate Banking sectors.
Regards, Fergusg
APG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held