RE:Future value of Integra shares ?M2, your posts are great!
Every month, I buy all the Integra Stock I can afford. Using the last PEA data, I calculate future profit as follows:
Last PEA all in costs were $731 per ounce. That should come down somewhat if Integra can use bulk mining techniques on plug #4 and other spots. Say it drops to $700 an ounce.
Using the last PEA ounces, ounces from the last owners NI 43101, ounces updated in Dec 2015 for Parallel and Triangle, and ounces by the increase in drilling at the end of last year and part of this year, I estimate the next PEA will show 3 million indicated ounces and 3 inferred ounces.
gold is at $1,745 but lets make it easy and use $1,700 an ounce.
So per 1 ounce you get $1,000 proit before taxes. 6 million ounces times $1,000 profit per ounce equals $6 billion in profit. Tax rate from the last PEA was 36 percent so deduct $2.16 billion for taxes and you're left with $3.84 billion in profit.
You have to adjust that for future inflation and the value of money for 20 years so cut the $3.84 billion in half and you get $1.92 billion in today dollars adjusted profit.
Divide $1.92 billion by 500 million shares and you get a share value of $3.94.
IMO the stock is worth buying. Now there is a risk (big risk) that gold will tank back to $1,000 canadian. Who really knows. There's also the chance that gold goes up significantly from here and stays there. There's also the chance that the FS will show something different because the gold can't be mined as economically as projected. It's all on the amount of risk you're willing to take.