Brucejack sold $3.5 B- $18.50/share $.12 EPS last qtrNov 8th Newcrest bought Brucejack for $3.5 billion or $18.50 per share
https://www.pretivm.com/news/2021/default.aspx
EPS of 12 cents in last reported quarter, which is approx 50 cents/yr
https://s23.q4cdn.com/277467366/files/doc_financials/2021/q3/Pretium-Interim-FS-(09.30.2021)-FINAL.pdf
$18.50 price divided by $.50 of earnings = 37 times earnings.
The Morrison mine will earn between $6 and $7 billion over the life of the mine.
If we use approx $4 billion after taxes divided by an approx 20 year mine life it works out to earning after taxes of $200 million per year.
If we divide $200 million by 20 million shares it works out to $10 earnings per year per share.
$10 x the factor of 37 from Brucejack becomes $370 per share.
$200 per share now seems reasonable.
Of course it is always difficult to compare apples to oranges, as there are most certainly other factors involved.
However this does show that we certainly have potential for big money.