Re Predator or Prey12 Dec 2017 14:07
Razor - hi
Yes another good question. - I wish I knew the answer. - Usually there is a formulae an equation whatever, that is used to calculate value. It varies from industry to industry. Some valuations are based on turnover, some on profit, I believe value of gold in the ground is a consideration when it comes to precious metals mining, but to be honest with you I really don't know. - There are some very knowledgeable posters on here with experience in the industry who might be able to answer your question. - I hope we can hear from them. - In Centamins case there appears to be value everywhere. Notwithstanding it's hefty bank balance and a debt-free balance-sheet, it's free cash-flow generation, it's growth potential stretching way out into the distance and some of the lowest costs in the industry. West Africa etc. - I mean where do you start. - Actually the more I post here the more I would like to hear from those with better knowledge/experience than me. - Come on guys, let's hear what you think. :-)- cheers.