Post by
ekim on Jul 23, 2021 2:07pm
Current discount
40% of NPV at 7% after tax = CAD$800 million.
Current Market - ~CAD$80 million
Current Tax Benefits - ~CAD$13 million
Current Cash in the bank - ~CAD$3 to 4 million??
Current Enterprsie Value = ~CAD$65 million.
Current Discount to NPV = ~92%
Just the numbers.
EKIM
Comment by
explman on Jul 23, 2021 3:25pm
Ekim, the flaw in this presentation is with the NPV which is unrisked. Fianncing risk?, remaining resource risk? permitting risk? execution risk? And then there is the small problem of the cash call they are facing. There is going to be massive dilution.
Comment by
satchmo6 on Jul 26, 2021 9:48am
RIO TINTO has more problems------ a strike by all workers at Kitimat mine in northern BC