Tahoe Resources TAHO

what is the book value if escobal is taken away?

[mingzhu]

Perhaps that will be bottom of THO. Market always assume the wrost scenario in such situation. escobal produce 45% of total revenue and 60% profit of THO. So minimun 50% cut of SP is likely. That is $5 level.

[Allthewaydown]

As a trivial back of the envelope estimate, the balance sheet has the carrying value of property, plant and equipment as 2.5 billion out of a total asset base of 3.1 billion. Let's say that Escobal is about 1.2 billion out of the 2.5 billion. Even with the current Guatemala legal problems the carrying value of the asset is not zero - historically, distress sales are at about 25% of the