Value!! Previous post???
Re previous post that stated. "I just came across their slide show that values the deposit at $1.6billion at a 10% discount rate. My valuation for this stock is realistically in the range of $3 - 5, with a high of $8."
Be careful on that valuation interpretation of saying that NML values the deposit at 1.6 billion . . . . I do not read that like that at all and will be staying with my valuation in terms of what this resopurce is worth at more than 100 billion dollars. This is about 9 Billion tons of ore we are taking about here.
I hold to my price on a buyout if an offer is made of 3.00 a share and would consider 3.00 a joke. My projections show an offer for a buyout in nthe range of 1 to 1.5 billion dollars as a starting point only and I will not be tendering my shares for that amount. For me a minimum 2 billion and I still expect when the dust settles if an offer is accepted eventually that it will be in the 3 to 4 billion range.
Hold and prosper . . . this resource is in demand!!!