SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Trump's 12 Diamond Picks, Discussions Limited -- Ignore unavailable to you. Want to Upgrade?


To: maintenance who wrote (1410)10/21/1998 3:18:00 PM
From: Tomato  Read Replies (1) | Respond to of 2251
 
M.,

Here is the summary table from the John Hainey analysis
from his 12/97 Diamonds in Canada booklet. I don't think
it includes much added valuation for Snap Lake or Greenland
or Victoria Is. One caveat is there are now about 47 mil
shares OS (I think??).

0% discount 5% 10%

NPV of Diavik, 40% $1005 $567 $328
Expl assets, est 15 15 15
Cash 43 43 43
Less G&A (19) (19) (19)

Total Net Asset VAlue $1044 $606 $367

Net ASset VAlue
per share 38.88MM 26.90 15.60 9.45

DIAVIK
Discount Rate:
NPV:
Total Project $C 2513 1416 819
40% Aber 1005 567 328
Aber per share 23.94 13.49 7.80

So, adjust by increase of shares O/S, increase by
value of Snap Lake, and tell us
if you still like your numbers.




To: maintenance who wrote (1410)10/21/1998 3:24:00 PM
From: Chas.  Respond to of 2251
 
Maintenance My apologies.................You're not missing a thing. Have a good one.