RE:RE:RE:Pre commissioning tonnes per day3 Year Net Income After Tax based on NI 43-101,table 22-2 ,gold 1250 us & silver 15 us = $18,385,000 ( Revenue $164 Million)
Based on GEO of 131,000 ounces.
GOLD @ $1,900 us = Revenue of $249 million = $ 85 Million Additional Revenue.
Since the majority of costs are fixed and would not increase, ie mining, admin, etc,approx 60 % of additional revenue ( $51 Million) would flow to Net Income.
Total Net Income would be $ 69.4 Million over 3 years.Tvi's 30.66% would be over $ 21Million or $ $ 7 Million annually.
Based on fully diluted o/s of 697 Million shares = Net Profit .01 per share, P/E of 20 would yield share price of .20 pps.
Note;All of TVI's management/admin costs would be covered from dividends recieved from the Agata operation