Post by
Hipshot on Sep 09, 2020 1:32pm
Common sense!!
7,000,000 oz x125.00 (probably 150.00 in the ground due to improved grade)
=875,00,000 by 304,000,000– shares out full dil
___ present value = &2.88!!!!
my take- imho
Comment by
Hipshot on Sep 09, 2020 1:36pm
US $ if there are other opinions post it!!!! Barbon15
Comment by
Hipshot on Sep 09, 2020 1:57pm
Great analogy: too many unknowns at this time but has to be between 2.50 to 6.00 US. My numbers were minimums. we will have indicators when core analysis is published.
Comment by
Hipshot on Sep 09, 2020 2:08pm
Yeah: in the old days we used 75.00 to 100. 00 on the best prospects — no more- for prospects like fvl it is 125.00 to 150.00 and some cases more. ( the double in gold price has caused this) i do remember 15.00 and 25.00 )
Comment by
One4theMoney on Sep 09, 2020 6:22pm
Funny how you say "not the rant about POG in the ground" ... I have 1 question how did you come up with those number that your suggesting if result are good...O that's right POG