Gold Chart ($US) - The Global Speculator
Gold Chart ($US) - The Global Speculator
Gold Chart ($US) - The Global Speculator
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1. Cash and Cash Equivalents.<br />
2. Accounts Receivables.<br />
3. Inventories (If a producer)<br />
4. Listed and Unlisted Investments where you can readily establish a fair value.<br />
5. Derivatives (Purchased Options and favorable Forward Sales Agreements)<br />
6. Future Income Tax Benefits<br />
And then add the companies Financial Obligations including (not exhaustive):<br />
Volume 2, Issue 16, 8 May 2008<br />
www.globalspeculator.com.au<br />
1. Accounts Payable<br />
2. Interest Bearing Liabilities<br />
3. Deferred Tax Liabilities<br />
4. Derivative Obligations (Unfavorable Forward Sales Agreements and written options contracts)<br />
5. Retirement Obligations<br />
Financial<br />
Net<br />
Assets<br />
Cash<br />
Investments<br />
Hedgebook<br />
(Usually a liability)<br />
Liabilities<br />
(Debt, accounts payable, etc.)<br />
Other financial assets<br />
(Inventory, receivables, etc.)<br />
Mines<br />
Equipment<br />
Market Cap<br />
(the value the<br />
stock market<br />
puts on the<br />
whole company)<br />
In situ non-gold minerals<br />
Physical<br />
Assets<br />
In situ gold<br />
EV<br />
(the value the<br />
stock market<br />
puts on the<br />
physical assets<br />
of the company)<br />
Volume 1, Issue 4, 5 June 2006<br />
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