RE:NPV Beskauga ? How could we assess the value of the Arras Minerals shares we have received ?
For the Beskauga project in question, the 43-101 of last April (ind. Res. Of 2.3 million ounces of gold, 476,100 tonnes of copper and 7.25 million ounces of silver) reveals a theoretical sale value of US $ 8338M or + - CAD 254 per share. Taking a value of 1% would therefore give 2.5 CAD per share, but I do not know if this percentage is adequate.
The seller of the project (Copperbelt) got + - 62M, or + - 1.21 CAD per share. I would not give any credit to the NPV given by the seller.
During the private placement last April, a price of CAD 0.50 was taken into account for the Arras shares, this should be a minimum, it seems to me!
What do you think ?