Voltalia Ord Shs VLTAF

Is 5MM OZ worth more then $110MM?

[canagold]

I think so? Thoughts?

[xmaster]

you didn't account 40 M cash they have....so deposit is being valued at 70M or $14 per ounce.

[VentureTrader1]

You could probably also take off the ~$35MM cash so it's really - 'Is 5MM oz worth more than $75MM?' or equivalently, 'is gold in the ground worth more than $15/oz when it's selling on the Comex at $1600/oz?'  (keeping in mind the capex required to build the mine and the ~$700/oz operating cost).   I would guess everybody invested in Volta would say yes, which is

[gold_diggers1]

Well, well, well, when people asked this question, I think it's about time to post the EV/oz table again.... The EV/oz is calculated with 155mil shares outstanding and $35mil cash.   Note inferred resource is valued at only 20% but M&I resource is valued fully.    Kiaka South is not included. . For Kiaka only: .   Share Price ($)

[blues2nz]

Thanks BP. Anyone talk to IR and get a recent cash number? I will ask them otherwise just wondering how much they burt drilling up to date. My partners are asking LOL gl folks