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Strategies & Market Trends : The Ego Forum

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From: hubris338/2/2014 12:06:38 AM
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IS this a 'No-Brainer' or am I missing something? ................ ............................

Dalradian, DNA.to has a PEA out on the Curraghinalt Deposit in N Ireland....

Per the PEA, project is valued at NPV of $681MM to $350MM depending on Discount Rate [5% to 11%].

With 109MM shares outstanding, that gives a range of share prices of 3.20 to 6.23! or a 4 to 8 bagger from here.

Guess the rest of the "value" has not been assigned by the market as it is a "risk discount." Perhaps some investors are waiting to see the project derisked: a Bankable Feasibility Study, the project financed and a construction schedule, before committing capital?

So if one has a long time frame and the "risk tolerance" for the above uncertainties.

Geology and Management drive this one. Great grades and BOD with a Who's Who.

But then again, wdik? I was pounding the table on BTO.to when it was GGG and the Bellavista Mine was sliding down the Costa Rician hill. Jeez!
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