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Arrowhead Business and Investment Decisions completed an updated independent valuation of Potash West NL (OTCQX:PWNNY) and values the Company between $0.39 and $2.40 per share.
As quoted in the report:
Given the due diligence and valuation estimations based on the discounted cash flow method, Arrowhead believes that Potash West NL’s fair share value lies between AU$0.39 to AU$2.41. The current valuation is based on the potash production estimates from the Dandaragan Trough potash project, and does not factor in the potential value of the company’s future projects.
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