Stingy Buyers
TRH price could increase to $0.55 to support the same EV as HDG's Coal Projects under similar DD stage.
That is based on $3.24 million EV for Potash as it stands if the Coal project and placement were not approved and $15million EV for HDG. Also assumes RAD at $0.36.
There must be some flaw in my method of calculations or TRH are not progressing with either Potash or Coal Projects.
DYOR
extreme leverage - iron ore,potash,coal, page-6
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