GREY:VITFF - Post by User
Comment by
MVargason May 01, 2018 1:14am
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Post# 27962646
RE:RE:RE:RE:Valuation
RE:RE:RE:RE:ValuationOCB1234 wrote: PS - Of course, that's assuming a POG of $1,500+ at the time. If still stuck in the currrent trading range, which I deem doubtful but always possible, all bets are off.
Yes, I agree we'd probably need a POG of $1,500+ to reach a market cap of 1 billion when in full production. But as I've said before, even at a POG of $1320 and an AISC of $720, production of 200,000 oz/yr will generate US$ 120 million/year of cash flow including royalty payments (but not payment of principal and interest on loans).
The NAV will also jump as Reserves increase and more ounces are added to the Mining Plan and mine life with little increase in capital costs.