Sherritt International Corp T.S

Value of assets held in Canada

[CPA023]

A precision on my previous post. The assumption of the value of 800 M for land, plant and equipment at Fort Saskatchewan was determined as follows: fair market value of 1 billion less income taxes of 200 M on the excess of fair market value over book value.

[FrozenInOntario]

Hey CPA, Thanks to Ambatovy debacle, no income taxes should be factored in.    This would bump up your valuation at $ 1.10 +.  Of course, for this, one has to agree on your FMV calculation.  But believe it is more than conservative. This number could be taken higher or lower but the main point : we do have a very good margin of safety with the stock trading at this level

[VerificateASAP]

This post has been removed in accordance with Community Policy