RE:RE:On the map, FSX worths 10,36 C$/ shareIf Avoca and Timor worth together,
before putting the shovels in the ground, about 50 mil. (see Leviathan's IPO), I'm rating roughly and coarsely, according to description in Sedar and FSX official documents,
before and/ or without any drill results:
- 50 mil. for Beechworth + Harrietville + Myrtleford (very possible next spin-out)
- 150 mil. for Walhalla + Harbinger + Enoch's Point (another possible spin-out, see exploring history)
- 120 mil for Providence (see conglomerate's description)
- 30 mil. for Moormbool (see neighborhood)
- 150 for Golden Mountain (already in drilling stage)
- 200 for Lauriston (very conservative)
We have aprox. 700 mil. C$, in my modest opinion, remaining to be confirmed and also better priced by eventually drill results. According today trading close price, the FSX market cap. is about 175 mil. for 2,59 by share, respectively 4 baggers less from my rudely valuation.
2,59 C$ x 4 = 10,36 C$ right value, without any bonanza discovery.