What Is AUN's Upside?Too many variables to say , but am throwing this out for consideration -
We now have 500mil. sh. fd .
https://www.aurcana.com/s/ShareStructure.asp
At $35oz. - $10oz. COP we net $25oz. on say 5mil. oz.'s = $125mil. , or .25/sh.
At a P/E of 10 , that's $2.50 . But some of the silver procucers trade for more like at a P/E of 20 , so that would be maybe five bucks .
At $60 silver - $10COP = $50/oz. net on 5mil. oz.'s that's .50/oz. , at a P/E of 10 , 5bucks , and 10bucks at a P/E of 20 .
I'd like to be more optimistic , but as the share count rises , the math is that the upside price decreases per the profit allocation per share factor .
Any thoughts/corrections/additions?