VRE view resources ltd
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vre valuation, page-7

  1. cpb
    513 Posts.
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    16/04/07
    17:46
    Post #: 2360064
    One thing regarding your valuation , remember to apply a recovery factor (say 80% to reserve figures) and the fact BHP only pays around 65% for contained metal after that , so reserves figures that they actuallly get paid for could be around 52% of original figure
    VRE Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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