guessitimate as always637,205 AgEq oz x $6 ($16 avg ag - $10 aisc) = $3,823,230
$3,823,230 - $1,300,000 (non-cash exp est.) = $2,523,230 (net income)
$2,523,230 x 4 qtrs = $10,092,920 (net income for year)
$10,092920 x 40 PER = $403,716,800 (market cap)
$403,716,800 / 98,310,000 shares = $4.10 per share
just for fun