GREY:AVGCF - Post by User
Post by
art27on Dec 14, 2009 3:26am
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Post# 16583340
Current "fair" value for AVR
Current "fair" value for AVRWith the most recent numbers (I'm not 100% sure as to FD share count so I took 300mil), $1100gold, 300mil fully diluted OS, $500cash cost/oz and 7000oz average monthly production for a total of 84,000oz in 2010 I came with a "fair" share price of $1.68 Of course this is only a rough estimate as POG will vary month to month and they may produce more/less than 84,000oz in 2010. It just gives you a rough idea of how much this stock is undervalued. It would have to climb up 300% from this level (
.42) to only meet its "fair value".
Art27