Post by
tiger2201 on May 16, 2022 7:44am
CRE's Valuation
Avanzaig has posted CRE's valuation using different SC6 price, here is the link.
tiger
https://twitter.com/avanzalg/status/1526115418091421698/photo/1
Comment by
rockhound01 on May 16, 2022 9:30am
Thanks for the post. 1.6 billion pre drilling/expansion etc. Acording to Cantor Fitgeralds latest coverage peers are trading at .9x NAV so we should be somewhere around the $7 mark post Q2 feasibility study/drilling etc.
Comment by
Wheeler on May 16, 2022 9:31am
According to the sensitivity table, a SC6 price of $1200 values the project at 1.631B. Personally, I think Cre should us an SC6 price of $1400-$1500.
Comment by
tiger2201 on May 16, 2022 9:41am
Agree with you. CRE's spondument is the product every convertors are seeking for in NA and Europe, otherwise the convertors are sitting there empty! tiger
Comment by
tinker901 on May 16, 2022 10:30am
At 1500$ the NPV goes to 2.25 Billion. But I am sure that the maximum we will see in the revised FS will be 1300$ meaning a 1.8 billion NPV
Comment by
Wheeler on May 16, 2022 10:35am
I suspect the same, being conservative is the only way cre does anything.