RE: RE: SP31 Dec 2020 11:03
My fag packed calculation of the value of an award concession (using 9.3 SEK to $ and 11.3 SEK to £)
250million tonnes at $142-182/tonne = $35.5B - $45.5B value
$35.5-4.55B/10% valuation of unmined- £3.55B-£4.55 Value of the mine SEK 33 B - 42.4 B or £2.92B -£3.75B
£2.92B – 3,75 or 10% £292M to £375M or (36p to 45p per share with 828M shares)
These are all approximates and just a quick valuation - this is not a ramp!