PINL:VLTAF - Post by User
Comment by
gold_diggers1on May 12, 2012 11:45am
202 Views
Post# 19902420
RE: How low can you go?
RE: How low can you go? Well, how low? It's time to do a little number crunching to show how VTR is valuated by sellers in this market. Please note:
- I have reduced the cash on hand to $45mil.
- Inferred resource is only valued at 20% while M&I is valued 100%.
- I have shown all the way down to $.30 area where VTR will be traded at cash or less than cash situations.
From current valuations of other gold juniors, VTR trading at $.50s is totally possible, unfortunately to say.
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*** For Kiaka only : ***
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| As of | Otsd Shares | Share Price ($) | MktCap ($) | Cash Position ($) | Enterprise Value ($) | M&I (oz) | EV/M&I ($/oz) | Infr (oz) | EV / TotalRsvr ($/oz) |
| 2012-05-11 | 155,000,000 | 0.67 | 103,850,000 | 45,000,000 | 58,850,000 | 4,000,000 | 14.71 | 1,000,000 | 14.01 |
| ? | 155,000,000 | 0.61 | 94,550,000 | 45,000,000 | 49,550,000 | 4,000,000 | 12.39 | 1,000,000 | 11.80 |
| ? | 155,000,000 | 0.56 | 86,800,000 | 45,000,000 | 41,800,000 | 4,000,000 | 10.45 | 1,000,000 | 9.95 |
| ? | 155,000,000 | 0.51 | 79,050,000 | 45,000,000 | 34,050,000 | 4,000,000 | 8.51 | 1,000,000 | 8.11 |
| ? | 155,000,000 | 0.46 | 71,300,000 | 45,000,000 | 26,300,000 | 4,000,000 | 6.58 | 1,000,000 | 6.26 |
| ? | 155,000,000 | 0.41 | 63,550,000 | 45,000,000 | 18,550,000 | 4,000,000 | 4.64 | 1,000,000 | 4.42 |
| ? | 155,000,000 | 0.36 | 55,800,000 | 45,000,000 | 10,800,000 | 4,000,000 | 2.70 | 1,000,000 | 2.57 |
| ? | 155,000,000 | 0.31 | 48,050,000 | 45,000,000 | 3,050,000 | 4,000,000 | 0.76 | 1,000,000 | 0.73 |
| ? | 155,000,000 | 0.26 | 40,300,000 | 45,000,000 | -4,700,000 | 4,000,000 | -1.18 | 1,000,000 | -1.12 |
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*** For Kiaka and other properties : ***
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| As of | Otsd Shares | Share Price ($) | MktCap ($) | Cash Position ($) | Enterprise Value ($) | M&I (oz) | EV/M&I ($/oz) | Infr (oz) | EV / TotalRsvr ($/oz) |
| 2012-05-11 | 155,000,000 | 0.67 | 103,850,000 | 45,000,000 | 58,850,000 | 4,000,000 | 14.71 | 2,600,000 | 13.02 |
| ? | 155,000,000 | 0.61 | 94,550,000 | 45,000,000 | 49,550,000 | 4,000,000 | 12.39 | 2,600,000 | 10.96 |
| ? | 155,000,000 | 0.56 | 86,800,000 | 45,000,000 | 41,800,000 | 4,000,000 | 10.45 | 2,600,000 | 9.25 |
| ? | 155,000,000 | 0.51 | 79,050,000 | 45,000,000 | 34,050,000 | 4,000,000 | 8.51 | 2,600,000 | 7.53 |
| ? | 155,000,000 | 0.46 | 71,300,000 | 45,000,000 | 26,300,000 | 4,000,000 | 6.58 | 2,600,000 | 5.82 |
| ? | 155,000,000 | 0.41 | 63,550,000 | 45,000,000 | 18,550,000 | 4,000,000 | 4.64 | 2,600,000 | 4.10 |
| ? | 155,000,000 | 0.36 | 55,800,000 | 45,000,000 | 10,800,000 | 4,000,000 | 2.70 | 2,600,000 | 2.39 |
| ? | 155,000,000 | 0.31 | 48,050,000 | 45,000,000 | 3,050,000 | 4,000,000 | 0.76 | 2,600,000 | 0.67 |
| ? | 155,000,000 | 0.26 | 40,300,000 | 45,000,000 | -4,700,000 | 4,000,000 | -1.18 | 2,600,000 | -1.04 |
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GLTA