5 Bagger Thread. Fundamentals and Opinions, page-213

So let's revisit the potential new updated PFS.

Another potential 25% on the current 528M at 8% discount. It may be a tad more as the BOcean estimate didnt take into account the much reduced lateral development. However one would think there will be more spent on rooms and pillars so perhaps this is why BOcean don't want to go upping their numbers too much here.

Anyway, that gives another 105M which brings up the 8% discounted total NPV to 633M.

A 60% share of which is 380M.

Im now beginning to see why AM went the 90M from Toho, as long as that deal comes off.

380M/337M shares on issue (undiluted)

$1.12/share

36.5c/share a bit under done ?.

Gr