RE:RE:RE:RE:Pedra Branca Evaluation ?17Digger wrote: 2.2 million ounces / 12 million cap gives 1 ounce valued now as 18 cents of captial
Of course cap amount changes with share price and share quantity
- but if you holld share price and share numbers constant then you understand my method of crystal balling the dramatic effect of future cash flow per ounce.
Hope this helps
xx
I still don't get it. You reverse the terms of the equation, you have to do 12M/2.198M to get the capitalization per ounce!