RE:RE:RE:Wake up call !!Krammer000 wrote: 25,000,000 oz x $100 in ground price = $2,500,000,000 20% AMK share = $500,000,000
$500,000,000 divided by approximate 435,000,000 shares out = $1.15 / share.
While Kramer is getting some well deserved sleep... here is the rough and ready calculation for TUD:
- 25 m oz in the gound means that 15 m oz belong to TUD (60%)
- 15 m oz are worth 1.500.000.000 (if an ounce in the ground gets us roughly 100 CAD; JS-Research's calculations usually are based on 85 USD)
- If there are 169.000.000 shares each should have a price of 8,8 CAD.
Now, spend a second contemplating how much PSZ will get us on top of that ... exactly!