chiller Posted August 18, 2014 Share Posted August 18, 2014 Problem is bizzo, they are not doing any more work on the resource, they are leaving it at the PFS stage. So the company has to get the best dollar based on the PFS valuation as far as I can tell. The only thing that can make a difference is if they increase the resource size by adding the outstanding EL's for the plateau, this could lift the valuation. Cheers Charles Link to comment Share on other sites More sharing options...
adeat Posted August 18, 2014 Share Posted August 18, 2014 Adding the outstanding EL,s with out a drilling programme having been done may as you say add some value .I would still like to see some kind of in ground value per tonne of of iron ore . This is I am sure in the companies figures . Link to comment Share on other sites More sharing options...
29101971 Posted August 19, 2014 Share Posted August 19, 2014 The in-ground valuations done 12-18 months ago don't really apply these days. eg. EQX has virtually zero enterpirse value currently. Only comparison that might be done is finding a recent transaction of similar nature and applying the sums, but its comparing apples and oranges really. Any suitor will pay hat they think its worth, based on a miriad of factors, not just in ground tonnage. Only tangible indicator yet is the NPV provided by the Co in its recent PFS, being US$420m (at 12% discount). Link to comment Share on other sites More sharing options...
adeat Posted August 19, 2014 Share Posted August 19, 2014 Thanks 29 I am sure many share holders would be happy with $370 to $450 Mill which to be honest is not that expensive for the size of the project. Regards Bizzo Link to comment Share on other sites More sharing options...
adeat Posted August 19, 2014 Share Posted August 19, 2014 Thanks 29 I am sure many share holders would be happy with $370 to $450 Mill which to be honest is not that expensive for the size of the project. Regards Bizzo Link to comment Share on other sites More sharing options...
adeat Posted August 19, 2014 Share Posted August 19, 2014 Thanks 29 I am sure many share holders would be happy with $370 to $450 Mill which to be honest is not that expensive for the size of the project. Regards Bizzo Link to comment Share on other sites More sharing options...
adeat Posted August 19, 2014 Share Posted August 19, 2014 Thanks 29 I am sure many share holders would be happy with $370 to $450 Mill which to be honest is not that expensive for the size of the project. Regards Bizzo Link to comment Share on other sites More sharing options...
mme Posted June 3, 2015 Share Posted June 3, 2015 Movement at the station? Link to comment Share on other sites More sharing options...
29101971 Posted June 3, 2015 Share Posted June 3, 2015 Been a long 4+ years waiting here mme, but looks like the end game is well and truly underway. Link to comment Share on other sites More sharing options...
rmryan Posted October 30, 2015 Share Posted October 30, 2015 what happened to the rocket ? Link to comment Share on other sites More sharing options...
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