ATV 5.88% 1.8¢ activeport group ltd

finance options, page-7

  1. 592 Posts.
    CH has an estimated 550,000 ounces of au. Wackoo claims a conservative valuation is $35mill. This works out to a whooping $64/oz.

    A slab of land which has not been proven, absolutely no DFS and no plans whatsoever to mine it for 7 years.
    $64/oz is a massive overvaluation.

    Wackoos valuation of atvs share in Touquoy works out to be $180 per oz. Average them to get over $100 for every insitu ounce.

    Now if we remove wackoos "super conservative greedy discount" we are looking at over $200/oz.

    Compare this to NCM $350 or so per reserve ounce.

    Compare to AQG, another producer, $100 or so per reserve ounce or $20 per reserve+resource oz.

    And KCN is valued at around $117/oz (exluding silver, i.e. it is really even cheaper).

    These comparisons are actually overestimates as we should be looking at enterprise value not market cap.

    Your $100 per insitu ounce valuation does not fool me Wackoo, keep trying buddy.

    The market values atv at around $30 per in ground ounce, seems like a more reasonable valuation given how the massively risk reduced producers are priced.






 
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Last
1.8¢
Change
0.001(5.88%)
Mkt cap ! $14.13M
Open High Low Value Volume
1.6¢ 1.8¢ 1.6¢ $5.501K 312.5K

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No. Vol. Price($)
4 935750 1.7¢
 

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Price($) Vol. No.
1.8¢ 549999 4
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