Our updated base case discounted free cash flow to equity (DCFE) valuation of Kopy is little c hanged at US$286m (previously US$295m) or SEK2.78/share (previously SEK2.76/share). This is based on our standard gold price deck (long-term real gold price of US$1,524/oz) and 10% discount rate. Running a sensitivity analysis at a flat real long-term gold price of US$1,700/oz (ie US$1,700/oz rising by inflation) the discounted dividend valuation of Kopy would be SEK3.00 per share. The planned Nasdaq Nordic main market listing could be a catalyst for increased investor interest in Kopy Goldfields.
Aktuellt
SENASTE
