RE: a copy of Way Linggo Tsrimuang,
Help me out here.
200,000 oz of gold.......say over 10 years
That is 20,000 oz......say selling price $1,500 per oz
Production costs.....say $500 per oz.
Say that leaves $20,000,000 before interest and depr. or roughly 20 cents/share.
Please correct my numbers and assumptions and then translate the "20 cents/share" into a share price in today's market.
Anybody else feel free to chime in.
I don't mind saying it but I have no experience with goldminers since the 1980th.