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Re: maent post# 5040

Friday, 08/21/2020 3:11:38 PM

Friday, August 21, 2020 3:11:38 PM

Post# of 17837
$RSSV Quarterly

Assets $18m vs $11m Liabilities using round figures

O/S 96m

Subscription Receivable = $24m (Assets)

$18m + $24m = $42m

$42m - $11m = $31m/96m =
$0.32 x PB Ratio 3

VALUATION $0.96 PPS

used a very low PB Ratio of only 3

Oil and Gas Production is 311
Coal is 30
Healthcare Products 251

$0.96 is realistic and very low