RE:Valuationsmoreorles wrote:
Thanks for that summary Carinthian. So based on that evaluation, by the time Q2 results are in (for a stable view of opex) what do you think is a reasonable geusstimate for share price? Do they normally trade in a range of of 50% of company value divided by outstanding shares?
I have not the slightest idea... First I want to see them get things going. Just because they said they "are mining" this does not mean they will pour gold in time in the desired amount with the planned recovery rates whatever...
I do not like that reverse engineering approach.
When they deliver with stable gold price sooner or later the share price should react but in a market like this nothing is granted...
Just my personal thoughts. DYODD
carinthian