Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Please can you enlighten us with the calculations behind your own values?
The numbers posted so far by members have been based on numbers in the last RNS and current typical PE/oil values to give an indication of POTENTIAL.
£11 is still "only" a £2 billion mkt cap. Which imho is cheap for all the oil copl is potentially sat on.
How bad is my calculation here?
Potential mkt cap = 51 x 3000 x 365 x pe ratio (15?) x profit per barrel.
Just for the latest discovery.
I've no idea how much profit per barrel is typically for Wyoming.
If only there was a way to find out...
https://lmgtfy.app/?q=Ryder+scott
Yep, and to me they both come across as honest and down to earth people. Hopefully calling out all the nonsense on chat groups will put some minds at rest. Basically ignore the posts on here and advfn (including my posts) and be a little patient!
The IPO was a few days late. Is that really so bad? I don't think anyone died because of it?
Water permit is late, but George has explained that, what do you expect him to do to move it quicker?
What else is late?
The share price will most likely recover because as far as I can tell, there hasn't been any bad news. The gold is still there, as long as it existed in the first place, which is what we're all counting on.
Well I emailed them a while back saying when you click their email on the website, the link they have is an invalid email address:
info@albamineralreseources.com
Dodgy 'e' in resources. They haven't come back to me or fixed it. So I don't think they monitor their email account...