RE:RE:RE:RE:RE:RE:RE:no 3dIP results = Bad news?AnchorValue,
Valuing mining companies is among Caesar's specializations.
Thibaut Lepouttre is the editor of the Caesars Report, a newsletter and mining portal based in Belgium that covers several junior mining companies with a special focus on precious metals and base metals. Lepouttre has a Bachelor of Law degree and two economics masters degrees that have forged his analytical approach to the mining sector. Considered a number cruncher, Lepouttre focuses on the valuations of companies and is consistently on the lookout for the next undervalued mining company.
On Dec 3 he wrote that his back of the envelope NPV calculations should not be used without the many cautions that he explains. In other words it's a WAG. I eccept that the scale of the guess is worth noting for the big picture. From the NPV people can make further assumptions and estimate buyout values.
The NPV is discussed in his 9/18/2019 Report: Oroco Resource Corp — Advancing a giant copper porphyry project