Gross EBITDA & PE multiple.Since I am not in management, then I am free to make projections in terms of my opinion or forward looking statements as a shareholder of PHD.
Personally, my estimate for the first year of production ranges from a low of 32 cents per share to a high of 42 cents per share in gross EBITDA.
I anticipate that the cost of production to be a rather low number, hence the high profit margin per ounce recovered through milling operations. The savings from having a mill on site rather than having to ship to a custom miller are substantial, and PHD would retain full control and be able to oversee the grade out yield at the end of each day.
These estimates are within the parameters of what kind of tonnage and grade I anticipate once the equipment is installed on site and fully operational.
You can project what the stock price would be if you apply a conservative multiple to the PE.
DOC