RE: Guessing Game: What's the NPV of the Taconites Formula for NML Evaluation. Take a 10,000 pound well shaped spheroid of quality sundried elephant dung, like a not so good facsimile of a snowball.. Have the spheroid analyzed for nitrogen content by a reputable lab, at a cost of say around $10,000. After receiving the lab report, invite bidders to bid on the spheroid, "as is ,where is." The funds realized, on the spheroid, after deducting the cost of the lab work, will approximate the value of NML which should then be divided by the number of shares outstanding. If no bids are received for the spheroids, it may be presented as a fitting retirement present to Dean Journeaux, when NML is so fortunate as to reach that stage. :)
Canada Moose