RE: RE: Undervalued?I didn´t miss that Kerogen, ofcourse there are a lot of costs to mine it. I just talked about the MARKET value of GXS coal.
In my calculations of value I have used 0,7- 1 dollar a tonne in ground. The 43-101 are gonna give us aprox 250 m/t for now, in my world this means fair value at 8,75-12,50 dollar a share, at current float.
After next winter drillprograms I will anticipate a double of the resource and value.
I will start unload at around 15 dollars, and I´m in no hurry.
Meanwhile I use the ups and downs here for trading in my shortterm portfolio, been great so far. But my coreholding I hold on to target.
Kerogen, it´s nice to hear you say it may be undervalued, what pricetag should you put on GXS using same resource (250 m/t)? Thanks for input.
From Sweden with love / Ben