RE:RE:Persistent Inflation = CAPEX BlowoutSolgold (Cascabel) valuation according to my calc shows Market cap/NPV ~ 33%
Should be about $805M (2.3B shares X $0.35) /$2.45B ($2.9B x 85% Soldgold owned) = 33%
WRN (Casino) valuation ~ 11%
Should be about $262M (160M shares X $1.64) / $1.9B = 14%
but normalizing to $3.6 Cu like Solgold used in their numbers should make NPV more like $2.3B so
makes it more like $262M / $2.3B = 11%
Meathead you ignorant monkey worshipper -- why don't you do some basic math and admit there are much better examples out in the investment community to short and distort than WRN!
BTW: Paul commented that the slide showing valuations Market Cap/NPV will be reviewed and refreshed --- hopefully my feedback helps to ensure we are represented "properly" --- and normalized accordingly. If some projectes use 5% discount and $3.8 Cu and we use 8% and $3.35 Cu.....any chart showing Market Cap/NPV is pretty much worthless IMO