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0.00% 11.0¢ navarre minerals limited

My calc was in response to the previous post that said NML could...

  1. DonaldFrump
    1,587 Posts.
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    14/03/19
    12:12
    Post #: 37759622
    My calc was in response to the previous post that said NML could be valued at 25c. I'm trying to understand that valuation.

    There is no wrong or right in back-of-the-napkin calcs....its a rough guess and a discussion point.

    I halved it because I'm thinking Four Eagles takes up 50% of CYL's market cap.....so I'm working off a CYL market cap that doesn't include Four Eagles.

    DF
    NML Price at posting: 9.7¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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Last
11.0¢ 		Change
0.000(0.00%) 		Mkt cap ! $28.55M
Open High Low Value Volume
11.0¢ 11.5¢ 10.5¢ $99.29K 909.0K

Buyers (Bids)

No. Vol. Price($)
2 371966 11.0¢
 

Sellers (Offers)

Price($) Vol. No.
11.5¢ 186209 3
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