GREY:LEWCF - Post by User
Post by
Bentonstockson Feb 20, 2008 1:28pm
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Post# 14400649
Valuations...
Valuations...Its 78 million lbs of moly (.93 lbs /tonne - just spoke with Jim)worth $2.5 billion at current prices. Cost to mine and process for shipping are about $10/tonne, so that leaves $1.8 billion without consideration for development and infrastructure/equipment costs...
Another way to look at it is the NPV is $250 million discounting to 10% of GPV of $2.5 billion. $250 million divided by 75 million shares is $3.30/share.
Anyway, you slice it, we are worth at least $1.00/share. The questions is will the market give us that right now...
Regards,
B.