RE:RE:RE:RE:RE:RE:RE:RE:Looks like we losr samGood stuff, as usual, DirkStHouse. If we are all shareholders then we also are, or should be,
positive about the prospects of the company and in its management.
The book value of Haile is irrelevant It just illustrates what a disappointment it has been.
Considering that the entire enterprise value of OGC is around 1.4 billion US, my opinion is that the market is valuing Haille at less than 50% of book already, maybe a fair bit less.
My rationale for this is that I believe the market thinks gold will track where it is or a little lower in 2022 ( higher rates) and that costs in this industry will be significantly higher ( inflation)
This is why poor performance of this industry.
In this type of enviroment, Didipio looks very attractive and I would say would represent near half of the value of the company, given by the market ( think market still has bright prospects for copper)
Also a significant portion of the remainder would have to be given to NZ operations due to growth potential, and somewhat reasonable and consistent performance.
The good news is that most poor scenarios for Haile are already priced in, and will have minimal, and probably very temporary effect, on share price.
Any good news, however modest, should result in a signbificant share price appreciation.
We should be very thankful of the successful Didipio restart, or I think we would be licking our wounds.
Just my two cents, for whats its worth.