RE:The stock price Staz,
A company value estimate, should include both growth and risk (as BAJ moves closer to full production, both estimates should be refined). Your approach provided a number that by chance came close to todays market price (not the true intrinsic value).
When, est 2014, BAJ is in full production, the debt (10% owned by existing stockholders) is paid-off, maybe 2016, the Intrinsic value can be estimated using a simple multiplier approx ---such as 10 X dividends (whatever the current multiplier is for a producing mine (set by the market and fluctuates). I've seen estimates by educated/experienced investors at near $1/share, before the ownership reduction (to 10%). If we account for the change in ownership, and the new contract (re-processing older processed material), we should be around 20 cents a share as a dividend payout in 2016/2017. At a multiple of 10X = $2/share.....at 5X = $1/share etc
Good-luck, it will take a while, with patience, your investment should make a profitable return.