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4.76% 10.0¢ burgundy diamond mines limited

So Cott has792*0.40=316bcfwhich means at the minimum $/mcf value...

  1. dude342
    228 Posts.
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    22/01/14
    12:46
    Post #: 12839005
    So Cott has

    792*0.40=316bcf

    which means at the minimum $/mcf value of $0.35

    316000000*0.35 = $US110,600,000

    Risked at 50%

    $US110,600,000/2 = $US55,300,000

    So with 66m shares this should be worth 83cps on this asset??

    The weird thing is I don't think I have made a mistake.... Have I?
    BDM Price at posting: 12.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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