RE:$0.55 buy rating Seems overly conservative. Analyst discounts PEA cash flows at 25%/yr (vs 8% PEA and 11.6% by analyst for wholesale model) and then cuts NPV in half again.
| PEA | Analyst |
AT-NPV | 344 | 135 |
Discount rate | 8% | 25% |
Further discount | - | 50% |
Fair value | 344 | 68 |
Shs o/s | 103.5 | 103.5 |
FV/sh | $3.32 | $0.66 |
More shs issued | 100 | - |
FV/sh | $1.69 | $0.66 |
biggdogg wrote: https://voyageurpharmaceuticals.ca/buy-rating-increased-to-0-55-share-fundamental-research-corp/?utm_source=mailpoet&utm_medium=email&utm_campaign=voyageur-minerals-news-update_1