RE:RE:RE:Opinion
$1 a share does sound nice but it is possible. There are 290mil shares issued now with around 50mil warrants that are in the money. Let's assume that those warrants are exercised and that Integra will issue a further 50mil of shares before production. There will be around 400mil of shares issued by the time they start pouring. If they can get the mill up to full capacity and produce 150k ozs per year at a profit of $500/oz, then the annual profit will be $75mil. That should be worth a market cap of $400mil (i.e. $1 per share) I would have thought.