American Bonanza Gold Corp ABGFF

RE: Interesting observation

[staolin]

That`s:
1800$/oz
46000oz/year
6 years
180mil shares
That's not exactly a good way to calculate net present value. A better way might be found by putting this chart into a spreadsheet:
https://www.americanbonanza.com/s/NewsReleases.asp?ReportID=383492
In the high price end after-tax NPV increases constantly by .113 million$ for each dollar gold rises. I don't know all the AZ tax laws behind those theoretical numbers, but that's what is used. Using the .113 million$ increase per $ increase in gold would give a NPV of 147.2 mil$, or about 82c/share (assuming further exploration results in no increase of gold reserves).