way undervaluedwith gold at 1600 this is 300$ more than q2
in june at 9$
250$ (1550-1300) * 750k production is=187mil
outstanding shares=3.68bilj/12.56=293 milj shares
so 187/293=0.63 earnings / share
2019
multiple of 15= +/- 9$
so target at 1550 gold = 9$ june + 9$=18$ / share
2020
850k production and gold at 1650
so target 9$+15$=24$
kind regards