Asia Broadband Inc (AABB)

[jgrant93]

Dollar 88 fair share value estimate.

500 million coins at 5.89 usd per coin.

18 million are already pre ordered. Release is in March.

Current market cap is 25 million.

If all 500 million coins sell its 3 billion revenue to the company. Alongside 52 million for the mine sale. 30 million in gold bullion and the 28 percent equity interest in the mine. And the reported 16 million Q4 earnings.

Total 3.1 billion divided by 1.2 billion shares.

Equivalent cash value of 1.88 per share.

Now the EBITDA on gold miners is 7 to 10x but we can conservatively use 2 to 3x and come up with a price target of 5$

Not factoring in the gold inflation about to happen.

Have a good weekend.
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