3x earnings
While there are more compelling gold stories out there, I know of none with a stock this cheaply priced. Selling at only 3x last year's earnings, and with growing production in the year ahead. A good margin, I believe AISC is around $1,000 (give or take). They have no drill rigs operating; it is a matter of bringing the known to market. Once debt is extinguished, Summit funded for a restart, and the final payment made for Summit mine, and it appears that cash flow at $1,800 gold can do this in 2022, the company starts generating substantial cash flow per share. Good luck to all in 2022.