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Andover Mining Corp. V.AOX

A precious and base metal exploration company


TSXV:AOX - Post by User

Comment by doscoon Aug 25, 2011 2:35pm
225 Views
Post# 18979409

fair value / just trixi short term!

fair value / just trixi short term!asked for a fair share price rob said:
3-6% of in situ.
so if they get the n-43 in place it woul dbe above 8 billion
this means: 240-640 million market cap ...
I think the current share price even doe snot reflect the trixi production.
what would be if they just can get up to 3000 ounces a month (see the presentation at the website / historic production).
this will happen:
 
 
month
12,00
ounces
3.000,00
m*o
36.000,00
au price
1.700,00
 
 
income
61.200.000,00
 
 
cost/ounce
500,00
 
 
profitb.tax
43.200.000,00
this 43 million does not fit to a market cap of 50 million, right ?
correct me if I am wrong...
dosco
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