RE:RE:And nowHi general,
It's very hard to come up with concrete valuations on a buyout. I have been struggling with that. Asked one of our board members who has experience in some of that what the thinking is on that. First of all look at discounted cash flow and NPV after tax as one metric . Then discount that significantly for a buyer to take on operational risk buying an undeveloped resource. If production was at base case 2.5mtpa value would be low, less than 5 perhaps. This should be a rejected offer. If buyers look at 4mtpa or more plus,a premium for location, maybe somewhere between 5 and 10?
If there is real interest and more than one interested buyer maybe higher.
Can't compare to compass 3.2 billion, unless atlas takes it to production.
In my most optimistic guess would love to see 12.
But really, wtfdik? Would like to hear what the new ceo will be thinking is fair value.
GL
L