RE:RE:My conservative calcs say on a DCF basis this stock is woth 8g/t * 600t/d * 365d/y / 31.1g/toz = 56334oz / year
I think AISC will come in at 650.
1250-650 * 56334 = 34mil Earnings/year once fully ramped
Initial mine life is set at 14 years if you include inffered, we will use that but I suspect the mine life will be much longer.
If you assume an 11% discount rate and we reach fully production in two years then you come up with a number of
226,362,521.3 as the discounted CURRENT worth.
But given this worth does not include the HUGE, I REPEAT HUGE! Exploration potential!!!!
This helps me reach 300mil bare minimum because if you look at their neighbours, that mine life i going to be much, much longer and those grade potentially astronomical depending on if we get the Porphyry we are all wathing for.