Maxim Power Corp T.MXG

Maxim Power Metallurgical Coal

[tinkvid]

https://valoryresources.com/mine-14/

Valory Resources updated their website, Jimmy Pattison still buying large amounts of shares in Westshore terminals.
Glencore still after Tecks Coal business.

[Catscratch]

Any idea of what Summit Coal is worth to Maxim?

[Kiln]

In the published evaluation dated March 2013, Golder provided the following valuation on page 156:      NPV ($ million)                                   $89      NPV + 15% Realisation ($ million)     $152      NPV - 15% Realisation ($ million)     &

[longrun86]

Thanks for your comments on this and I think you have offered some great insight. In my "going in" valuation for Maxim, I personally valued this at zero; however, at the time I believed the "option" had an upside between $0.50 and $0.75 but also considered the probability of success to be less than 10%. Vallory is a micro-cap company on the ASX so let's see what happens

[Catscratch]

Thank you great response... a decent sized hidden asset.