Sandstorm Metals & Energy Ltd STTYF

RE: Thinking about Sandstorm M&E: A 360 Degree Rev

[eswiles]

https://www.aboveaverageodds.com/2012/05/03/thinking-about-sandstorm-me-a-360-degree-review/

Wow Gjervis32!

Thanks for the Sandstorm Metals and Energy Analysis
report by Connor Haley et al dated March 24, 2012.
I cannot be the only one who is not familiar with
geometric Brownian motion to model the price movement
of commodities - very impressive mathematics!

Am I right in surmising that the report's price target of .74
is roughly the same as saying that the net present value is .74?
 
For convenience I have uploaded the 6 page PDF file to controlled webspace:

https://www.mediafire.com/?5tk3u0hpyhc6j68


  Price Target
Our price target for Sandstorm then is the sum of the values of the deals and
the cash on hand divided by shares outstanding; this value is
Deals = 70*10^6 + (44.6)*10^6 + (30)*10^6 + 50*10^6;
(Deals + 44*10^6)/(323*10^6)
This gives a price target of  .74.