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Should a sale be concluded what price would you expand the sale tp go though at and how much increase would this be reflected in the price?
Make a number up between 50p and £35.
The range is 120p up to £35 per share. GL
Realistically. Surely if higher than £ the sp would be closer to that?
Marik - do you mean unrealisticallly high or low ?
Its already been to 40p+ on it own ?
The ground metals are worth much more then that. Current sp is not linearly correlated.
Latest highest value from Hoochy is £50.
Crikey Kumarr, what a question to hit this BB with. If you estimate anything below £1 then members tend to get filtered for none conformance, despite that price delivering significant gains to most.
If you estimate >= £35 then you’re labelled a hero and can attract quite a following.
I’d say those are your min / max values but grab a coffee and read through the EUA research, presentations, video, geography, metal markets, and draw some of your own investment conclusions.
Good luck
The ground metal value with very conservative caveats gives a fsp much higher then a pound. £35 is an interesting valuation based on potential bench mark with other company comparisons and many can challenge this. But the 50p is just not feasible as there is no realistic model where a fsp would give 50p. The board would decline such a low offer and we wouldn't have gone through non- binding offers phase.
My updated valuation after including Rhodium and other metals is £3.51 and potentially higher.
Year2020, absolutely spot on, I saw someone get filtered by '£35 man' and called a deramper because he valued the share at £2 something post-sale - bizarre.
I enjoy this board and because it's a good way to exchange useful information and there are some good posters with very interesting points but it's become a bit cult-like in recent weeks.
marik could you please provide a break down of how you come by that valuation? Many thanks.
Wtf12 - I've given a range of valuations based on updated understanding of the company and as such my model changes. I've had an overall positive experience and the comments made by some are done either with a pinch of salt to keep the mood light hearted or when the poster has been lacking basic understanding of investing let alone the complexities of mining, but feels confident enough to posit 50p as a plausible fsp. Obviously the latter will irk the lth.
Unless you're my boss toon, I will decline your request. Oh hang on, I am my own boss, so the answer is firmly no. Dyor.
35 is based on nothing marik, pie in the skye. Ive remained quiet and observed for last 2 months since i was last challenging any derampers and rampers which i got bored off. 50 p is below the acf and also the other 2 valuations i have put links on my history. alot has happened since they reports tho. Im sticking with 1.20 albeit if there is a bidding war could be higher. Still not as high as 2 quid in my opinion. Lets no drift from reality and cause others to get lost in a dreamland.
Dore, you mean insider information? Thanks for stating the obvious that the insiders will know more, but that shouldn't stop you from at least making an educated guess. Read through the RNS and the CEO interviews. That provides enough information for a best case and worst case. The insiders will naturally know where we are likely to fall. DYOR
Balconybaz. We have our own ways of working out the ground reality and translating this into a valuation. I have a lot experience don't this and hope this will as always serve me well. The argument flows both ways, as one could suggest that 120p is undervalued and will be putting potential investors off. It would assume an approx 15-20bn in metal value.
Anyways Kumar and all new investors, there are a range of values for the fsp. Eurasia is a very good share to have. It has a strong short term potential. To truly understand the expected fsp, dyor, don't rely on myself and others. Good luck.
Well if it 20bn in value, they say a good sale price is 10% of value, so were at 2 billion, 2 billion they say 2 x 0.35 which would give us 70pence im my calculations
As i said ive reviewed reports that have been paid for to be carried out by specialists in this field, id be interested to see your working, ill stand by my guns and stick to approx 1.20 in the hope of 1.60 on a bidding war
NN wouldn't make an offer for £2bn for a £20bn asset, it would be much higher based on the known assets in the ground. 10% is what I've used in some of my calculations.
I'll stick to my guns too, we don't have long to go before we find out who is right. But, in all honesty it makes little difference who is right or wrong, as what I do know is that this will be a decent return if either of us are right. Good luck Baz
Thanks Guys didn't mean to cause any rift. Only just bought in today as I'm hearing the sale is coming to a conclusion.
Thanks for that BalconyBaz.I must remember to sell my house for 10% of its value.Never heard anything so stupid.