OTCPK:SPVEF - Post by User
Post by
idlefreebirdon May 17, 2018 8:32am
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Post# 28044103
holding nicely with price of dropping
holding nicely with price of droppingnow bring on the financials...rough numbers have this asset at 2.5 million ounces of gold including Cochrane deep and new mineral resource at both Cochrane hill and Fifteen mile stream... now that would be 2.5 billion in bullion sales at the end of the line at $1,000 FCF per ounce ... take away $500 million for cost of 3 milling facilities to be built in future and that leaves 2 billion in FCF for the company... oh ya give the governement there share and we still sit with a nice cash flow in the books... with these numbers over $3.00 is our takeout price...gltal