TSXV:EPO.H - Post by User
Post by
go.faster@ymail.comon Jul 12, 2016 9:43am
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Post# 25043909
Another way to look at it...for you FreeNorth
Another way to look at it...for you FreeNorthI posted this several times a long time ago. Many assumptions and o/s shares have grown a bit.
EPO Fair Value Calculation @ Full Capacity
EPO Fair Value Calculation : REVISED
Shares Outstanding : 464,544,700......OMG...so many shares...who cares!!!
PE Multiple : 10....................................Use whatever number you want
Offtake Volume : 2,800,000..................Assumes they sell out full capacity of the mine
Cost per MT : $225 FOB Vancouver.....Check pre-feasibility study...gas is lower now
Selling Price MT : $300.........................Being conservative
Profit per Share : $0.45
Share Price : $4.52
Flex any variable you want...it all looks good to me!!!!