RE:RE:RE:RE:RE:RE:Silver flying !care to share with other Exn loyals how you arrived at your extrapolations, Michael?
Here is mine
Forward looking -2021
- annual production - 2.5 mill ounces silver equivalent
- average silver price - $30
- revenues - $75 mill
- AISC based on $20 - 50 mill
- CF - $25 mill
- FD shares - 32 mill
- CF/FDS -.78 ps
- SP at 5 times multiples - $3.9
- SP at 10 times multiples - $7.8
- SP at 15 times multiples - $11.7, but these multiples ought to be earned first; currently Kirkland Lake's valuation is at 11 times multiple