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Re: Twister post# 10226

Tuesday, 10/15/2013 3:20:27 PM

Tuesday, October 15, 2013 3:20:27 PM

Post# of 12338
Based on this, what is the fair market share price based on outstanding shares, warrants, and the like?


It is difficult to evaluate the project but it is based on the cash flow model that is generated for the feasibility study. The project is valued at 1.2 billion dollars – that is the net worth value of the project. That is the amount of revenue that will be generated over the project, value-taking all the things like exchange rate variation etc. We value our project to be between 1.2 to 1.3 billion dollars. That is the result that came out of the feasibility study.

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