RE:RE:RE:RE:RE:SHAWSHANK REDEMTION IS NOW AND FUTURENo, gold price going up 100% does not make ORX worth $250M.
If ORX's assets were worth 250M even on a 100% attributable basis, KL backs in and ORX MC is 62.5M. So what you're saying is actually that ORX's assets are worth more than $1B on an 100% attributable basis.
Even if that were true, our P/NAV would still be 0.5 or less due to our early stage of study, so really we'd need to show a >$2B NPV on our properties to have that market cap. After tax (30%) and with any reasonable discount rate (+5%) that is simply not happening. Especially considering our ounces are low grade and higher AISC.
Don't bother with the price targets.