Agoracom: Small Cap Investment - Noront Resources - Re: STIFEL Report dated July 26,21

remedy

Dec 15, 2021 03:19PM

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Dec 15, 2021 03:34PM

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Hobbit

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Re: STIFEL Report dated July 26,21

in response to

posted on Dec 16, 2021 07:34PM

Thanks F451. I stand corrected.

But if they included the FS, how did they come up with $0.55?

The Feasibility Study put the after tax Net Present Value of Eagle's Nest at $543M CAD, based on the M&I resources only. It did not include the inferred resources.

With 563M shares outstanding, that puts the value of Eagle's Nest at $0.96/share.

Hobbit

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