Orbis Natougou vs BDI

  1. 256 Posts.
    I reckon OBS has one of the best gold mines going around and imo it won't get sold for less than $1 so I'm holding tight. I've also got another stock which I jumped on because I like OBS called Blina Minerals (asx code: BDI). They have ground adjoining OBS (see pic).

    At 70c OBS has a market cap of $175M and EV of $170M.
    BDI at 0.1c has an EV of $1M.
    i.e. OBS IS VALUED AT 170 TIMES MORE THAN BDI!

    Let's just say BDI's project is 1/10th the value of OBS, then BDI should be worth $17M i.e. 1.7c OR 17 TIMES WHERE IT IS TRADING AT NOW!!!

    I'd be interested to get others views.
 
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Currently unlisted public company.

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