You should be able to confirm / calculate the value of intangibles from other sources — like reserve reports, industry comps, superior / sustainable earnings etc. — if you can't, it's usually best to ignore these «assets «(try tell this to
your average junior resource company investor, sigh...).
Not exact matches
But so bloody what... every single
junior resource company can boast the same, yet how many ever discover a commercial
resource, let alone ever successfully develop it, let alone ever deliver an ultimate profit to the
average shareholder (who's inevitably been diluted into oblivion at that point)?!
Of course, this kind of upside potential & geographically diverse portfolio matches up perfectly with the profile of the
average Irish
junior resource company — and the
average UK / Irish
resource stock investor, it must be said..!