Revenue ProjectionGold a lot higher since last time I did this.
Gold price: $1950 US
OTSO production cost per ounce: $1050 US
Annual projection once fully running: 90,000 oz Au
Revenue = 90,000 oz x $1950 = $175,000,000 US per year, or $235,500,000 CAD per year.
Profit $1950 - $1050 = $900 US per oz
Profit = 90,000 oz x $900 = $81,000,000 US per year, or $108,700,000 CAD per year.
What is our market cap again?
if only these people (OTSO management) can deliver we will see a huge re-rating in share price.