Hi folks
Djingo - that's funny . They had AWE at 2.10 while it dropped from 2 to 37c and didn't update valuation once in 18 months lol . Spot on in shows the benefit of dynamic analysis vs once a decade reviews!!! They are all such sheep it's unbelievable
Back to my numbers, on some further research, I have been a little conservative with my estimate of production/sales from EH which is likely to be around 750k per quarter not 600k
That would make rail liability reduction around 5m and cash flow around 15 including interest, and 17m including provisional pricing - so total value addition around 22 m big ones for the quarter. Remembering that 56 are all in costs numbers including corporate
Anyway- point is it's a bargain and core value increasing by 2-2.5 cents per quarter
Hi folks Djingo - that's funny . They had AWE at 2.10 while it...
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