value of company, page-2

Mbeard

I believe the tax losses are from the previous RMG model before Steinepries and Co resurrected RMG as during the normal course of business.
You are certainly correct in valuing the tax losses as these will come into play at a later date!Tax losses for a business do have a substantial value moving forward!

As for the value of the tenements that will depend upon exploration success but Mt Coffin is a highly prized tenement and there has been huge success in this immediate area!The Mt Coffin area and the surrounding areas are considered highly prospective for Copper,Gold ,Uranium ,Base metals,Rare Earths and Geothermal by the SA Government!

All the very best
Rob