GREY:NATUF - Post by User
Comment by
lurkeroneon Feb 23, 2009 11:41am
223 Views
Post# 15797721
RE: RE: $2/share Net Present Value 17 cents
RE: RE: $2/share Net Present Value 17 centsIts crazy that the stock trades below the value that it cost to get to the BFS stage in the first place. LGO is in the same boat with their high grade Vanadium deposit with a BFS done on it....... both have very robust deposits with short payback periods of 2-3 years yet the market is giving them NO value for the work they have put in. Both are trading well below the drilling and development costs done on the projects to date. That leave no value priced in at all for the future earnings potential once producing.
Fire sale on both...... 50% below cost. lol
lurk