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Sparton Resources Inc V.SRI

Alternate Symbol(s):  SPNRF

Sparton Resources Inc. is a Canada-based mineral exploration company. The Company is focused on exploring gold projects near producing mines on or near the gold producing trends in northeastern Ontario and northern Quebec, where it holds interests in three exploration prospects. Its properties include Oakes Gold Property, Pense Property and Bruell Gold Property. Its Oakes Gold Property is located in the gold producing area, on the extension of the Kirkland-Larder lake gold structural system. The Company controls approximately 46 mining claims and three mining leases in the Matachewan Gold Area, comprising about 736 hectares or 1472 acres. It has an option to explore the 39 claim (865 hectare) Pense Property in Pense Township, Ontario. The claims are located near the Quebec provincial border, approximately 25 kilometers east of Englehart, Ontario, in the Larder Lake Mining Division. It has over 51 claims in the Bruell property package, which is located in Vauquelin Township, Quebec.


TSXV:SRI - Post by User

Post by mingzhuon May 06, 2024 2:30pm
193 Views
Post# 36025453

calculation of Bruell intrinsic value

calculation of Bruell intrinsic value
Here is my calculation of Bruell intrinsic value based on Lee Barker's  info
 
25% $1.8m with 4 year adjustment of 16.5% CPI since 2019(according to OpenAI calculation)=$2.088m
 
$2.5m for 1% NSR , with 2%= $5m
 
in case of no cost living adjustment for NSR: 2.088+5m= $7.088m
 
If it has, 5m*16.5% CPI+5m=5.825 + 2.088=7.9133m
 
SRI market cap Mis 6.54M at present. Brucell intrinsic value alone is worth more than the whole company.
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