Replies to post #50696 on ProGreen US Inc. (fka PGUS)

[j45]

Page 92 spells it out for all the folks that just simply DONT understand an appraisal.

The cash flow projections are on that page which are approx. 92million

from that the appraisal backs out costs and the AVG return of roughly 25% for developer LEAVING the CURRENT VALUE OF THE LAND at 42 mil.


Just read the damn thing. If you don't understand it call a pro.

Claiming that the appraisal is not 42 mil AS IS is simply a reloaders attempt to deceive.