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.
Based on the KPL transaction, CMT is nominally worth around $4m...
-
- 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)
