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11/04/10
12:41
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Great site ameliustag,
I read somewhere on another site,if you want a rough value of a company.
Total up the in ground value of the resource
Mo $16,971,704,725 @ $18-90 lbs
Cu $ 5,520,308,622 @ $ 3-80 lbs
Au $ 751,844,431 @ $19-80 oz
Fe $ 630,000,000 @ $90-00 ton
Total $23,873,857,778 divide by 10 = $2,387,385,777
Divide by number of shares after Hanlong have secured the finance approx 375mil
So we have $2,387,385,777 divided by 375mil = $6-36
Looking at these figures you can see the potential for MOL and thats at todays prices. Molybdenum could go to $30 by this time next year.
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