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Gold/Mining/Energy : Trump's 12 Diamond Picks, Discussions Limited -- Ignore unavailable to you. Want to Upgrade?


To: Letmebe Frank who wrote (1419)10/21/1998 9:33:00 PM
From: maintenance  Respond to of 2251
 
I think I have it right this time but if I or someone else spots a mistake I'll post a correction.

I haven't been following Aber as closely as Winspear, but it seems to me that there has been a lot of talk in the media questioning Abers ability to raise their share of the captial costs. This could be an explanation for the low share price offered by the market. If Aber has to issue too many more shares to raise the money the dilution would reduce the NPV/share. This may already be factored into the share price. Maybe someone else has some ideas.



To: Letmebe Frank who wrote (1419)10/21/1998 10:01:00 PM
From: maintenance  Read Replies (2) | Respond to of 2251
 
If your putting money in these stocks don't assume my calculations are right, check them. In my first post on Aber's NPV I stated a carat value of 56 and a ton value of 199 ( US$ figures) yet I stated costs in $C. Nobody who read it, including me, noticed. The calculation was not wrong. To correct it all I did was change the US$ amount of 56 to the C$ amount of 87. By the way it also changes the payback period. If someone tells me about a mistake, or something that doesn't make sense, I'll post the correction. The calculation is very easy if I can get the numbers. I noticed that Hainey used a cost of $30/ton for Diamet, I think I will try it with a higher cost.

Cheers