RE:RE:RE:Not selling snake oil, just my perspective.@ zzstocks70: Here is an example that demonstrates the value of the Kobada license if a buyout was offered by a company such as Robex. Of course, the amounts are approximate but still realistic.
Robex currently produces a total of approximately 50,000 ounces of gold per year and generates $ 70,000,000 in free casflow.
By integrating 100,000 ounces of gold production from the Kobada permit, $ 140,000,000 in additional free cash flow would be added;
Combined, the total free cash flow generated annually would be $ 210,000,000
Considering a buyout of AGG with a ratio of 3 shares to 1 of Robex, the total shares outstanding would be 660,000,000.
By dividing $ 210,000,000 by 660,000,000 shares, the free cash flow generated annually per share would be 31.8 cents per year. After 10 years of production, that would be a total of $ 3.18.
For ease of understanding, this is the equivalent of 10.6 cents annually in free cash flow per AGG share whose current stock price is 12 cents.
I do not wish to minimize the value of AGG. I just want to demonstrate that it is over time that AGG shareholders can fully benefit from the value of Kobada. And to achieve the goal, it is absolutely necessary to build a factory there.