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Noront Resources Ltd is a mining company. It is engaged in the exploration, development, and acquisition of properties prospective in base and precious metals, which includes nickel, copper, platinum group metals, precious metals, chromite, and vanadium. The company's developmental project consists of Eagle's Nest nickel-copper-platinum-palladium deposit, deposits of high-grade chromite and... see more

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Noront Resources Ltd. > STIFEL Report dated July 26,21

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Post by AWK2021 on Dec 15, 2021 2:51pm

STIFEL Report dated July 26,21

Noront Directors Circular

https://norontresources.com/wp-content/uploads/2021/08/2021-Noront-Directors-Circular-English.pdf

From the STIFEL Report dated July 26,21. Page C12

Based on the representative precedent transaction analysis multiple range for Price to NAVPS and the Market Based NAV of Noront as determined by Stifel GMP, the analysis results in a value per Noront share of C$0.75 – C$0.95 for the Noront Base Case and C$0.90 - $1.14 for the Noront upside case.

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Comment by Jonot21 on Dec 15, 2021 3:15pm

At a $1.10.......still within the upside range of the report......

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Comment by MC2021 on Dec 15, 2021 3:36pm

Stifel report should be reviewed and revised to update that $$$ range with all that is known today, maybe less risk factor with the recent news from all parties.

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Noront Resources Ltd.