Hi Stefanis,
Agree with all you have said, but question remains, what is the company worth?
In the end an investment is worth what cash it spits out.
Trying to get a value on this company difficult because of Duthep and Ben Houayxai still in early stages.
But on present metal prices, reserves and mine lives , and assuming about 10% return on my investment[plus return of capital], SP of 50 to 55c?
All changes of course if new discoveries, changes in metal prices etc.
Like to hear any opinions on what others think.
Add to My Watchlist
What is My Watchlist?