Post by
Chiburi on Mar 11, 2019 6:06am
DEAR MAGLAN
Thanks for your posts.
Could you please comment the below analysis.
We have 3 (or more) targets :
a) MVN's Business plan (up to 20'000 boed by 2023) ==> company will be worth more than a Billion
b) Maglan's calculation of reversves for CASE ==> > USD 2,67 per share (excluding Curamhuele)
c) Reverve valuation ==> 40% discount to actual value ==> MVN would be worth .22 per share?
Your last comment on c) is quite below a) and b), why?
Nobody reacted to MVN presentation, regardin a), any reason?
Argentina situation cannot explain everything. The gap between potential and actual value is to big.
Thanks for you comments