Current discount40% of NPV at 7% after tax = CAD$800 million.
Current Market - ~CAD$80 million
Current Tax Benefits - ~CAD$13 million
Current Cash in the bank - ~CAD$3 to 4 million??
Current Enterprsie Value = ~CAD$65 million.
Current Discount to NPV = ~92%
Just the numbers.
EKIM