Post by
rockingrooster on Apr 27, 2023 6:08pm
I am sure I am not the only one SICK of waiting, however ...
to pass the time and perhaps as well to fully realize that waiting a bit longer might payoff handsomely.
TVIRD imo is worth at least 500 Million based on a rough calculations of assets;( in USD)
Balabag- about 40M+ to build
Siana - about 250 M+ to build ( 21/2 times balabag reserves)
Mabilo- Own 60 % of 100M = 60M
Agata limestone- infrastucture in place-30 M
All other tenements- 20 M
Based on fully diluted 697M shares outstanding and a total of 540M cad x 30.6%= .237 per share
Even if my calculations maybe a bit too generous, we have tons of room to go from the current .02
Comment by
stever50 on Apr 27, 2023 7:26pm
So by all rights you figure they have to give us a fare value for are shares
Comment by
rockingrooster on Apr 27, 2023 7:37pm
No one has to give us anything.The work up demonstrates the possible value of TVIRD ( and in turn TVi ) should TVIRD IPO on the Phillipine Stock Exchange.gltu
Comment by
Bigalex on Apr 27, 2023 9:35pm
it's not a coincidence that cliff exercise his options just before the MCTO. something's finally coming this summer.