RE:RE:Rough Calculation of what Share price could be I agree on being a little more conservative with my calculations. I think the the average P/E ratio of Philippine mining companies is 15.5. With Villar being the second richest person in the Philippines, I think it will be higher when we finally list. Assuming p/e of15.5 from your calculations.
$0.45/12x15.5= $0.58125
This is the price without taking into account the other properties like Mabilo, Mapawa and any other surprises TVI might throw into the mix.
I am still waiting for Patrick's response to your email. It sounded like he might provide some positive feedback to us shareholders.
Thanks Rockingrooster for your posts. They have helped me to stay optimistic about the future of TVI.