RE:D. Beaudet...BigA! wrote: Your comments on Value Digger's SA page have me a little perplexed. It would be very helpful if you could provide data on your EBITDA multiples. 5X-6X seems a stretch. I have personally talked to bankers who are quite familiar with LA&SA markets and they quote 4X-4.5X. Are you getting data from Capital IQ, Bloomberg? What comparable transactions do you use to base these multiples? Energold Drilling, which recently entered Colombia is selling for 4X, with much stronger fundamentals.
EGD is mainly a precious metal driller.