RE: RE: Positive Update for BRD. Regressive Interp"How about this for production
forecasting?"
Great - now get to the important stuff for the stock (as opposed to a mine). Take that production figure, cut 12% off for the hedge, cut another $550+ per Oz for production cost and pick your favorite cash flow multiplier - there's your future SP.
So the lower reasonable bound is the in ground price per Oz and the upper reasonable bound is your cash flow x multiple.