RE: No Sale and Now Low Visibility28 Aug 2023 10:25
Fr. Jack
you have assigned ZERO value to our largest asset chunk of MT or NKT open pit part, or NYUD entightlement, or the full potential of WK, also we already have an NPV of 1.2B to 1.7B for NKT underground part, even a lowball firesale on NKT would have a sale value of higher than your estimates, there is also the unknown iridium and rhodium values accross all of the sites which should be substantial,
you have compared us to firesale prices of other asset sales,
your valuation misses out almost everything the company is selling, it makes no sense doing that