Today`s share price 1.3p
----------------------------------------
Dividend of 2.6p as of Morris & Co RNS
EDS approx £1 million per annum profit ,after BOD expenses .
Chile value ? Possible £40 million
Two Turbines in Italy ? £5 million
OR
2.6p
8p
6.4p
1.1p
18.1p Grant Valuation Indeed .
This if IF All assets are sold at FAIR valuation .
FIRE SALE value 4.8p is well above today`s valuation .
STRONG BUY Recommended ......................................
Addendum ;
Almost forgot .Where did the £14 million come from ?
My guess is this are the remnants of the Bolivia Arbitration .
Peter obviously knew about the cash in the tin & was willing to up the share price to 2.25p .three years ago .
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