Based on the KPL transaction, CMT is nominally worth around $4m per remaining 5% equity in the Pandora project (= approx $28m) + the KPL stake (= approx $4m) + cash (= approx $4m)= total approx $36m.
Your estimate is probably more precise but I am just keeping in mind that any "back of the envelope" calculations are based on the KNL share price.
Nevertheless, looks very undervalued.
Ann: Trading Halt , page-11
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
