RE:Value
Well let’s do a hypothetical here, let’s guess that our mine will pull 4.2 billion profits over the next 12 years. ( 400m per year -50m expense) What market cap should be assigned to it? 50% potential profit? 80% of potential profit? Also remember that we will probably make more because of our new sorter and after 12 years we will most likely be going underground.
So this puts us at a market cap of between 2.1 and 3.36 by my conservative guess.