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  "documentTitle": "New Pacific Metals (NUAG)",
  "authorId": "50_Hindenburg_Research",
  "authorName": "Nathan Anderson",
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  "presentationDate": "2020-04-20 00:00:00",
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      "text": "To arrive at our final price target, we weighted 3 scenarios",
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      "text": "Total revocation of the Bolivian mining areas (concessions). In this scenario we assign a price target of C$0.30, the estimated value of the balance sheet assets.\nA renegotiated deal on the Bolivian concessions (30%), to which we assign a price target of C$0.45 (balance sheet assets plus half of the value of the mine, given the historic profit splits Bolivian deals have typically entailed).\nThe deal (somehow) passing through Bolivian legislation as-is (10%), to which we assign a price target of C$0.59, representing our estimate of the balance sheet assets and the Silver Sand project.",
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