RE: Hope this help2 Jul 2019 18:37
"I don't know what your estimate was!"
Too high obviously!
Still, there is an income stream, which can be vauled, and risk factors added in, to arrive at a scenario weighted net present value. A value that I calculate as an extremely positive number.
With that being said however, would you agree then, that the market is valuing current reserves at a zero, if not negative value?