So What IfLet's assume we have a number 9 ledge hosting 9M ounces
What could our share value be?
Well lets put a value of $100M per 1m ounces in the ground so $900M valuation
121,500,000 - currently fully diluted
3,500,000 - assume small raise at lower level to complete pilot hole and some branchs
3,500,000 - warrants
13,500,000 - funds for phase 1 drilling - say $10M ~ .75
13,500,000 - warrants
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155,500,000 shs at end of phase 1
assuming we can infer 9M ounces at end of phase 1 then share price ~ $5.80
Of course just a dream at this point