RE:RE:RE:Well at least that answers one question What document are you referring to? The USCG presentation deck? Are you referring to the mineral potential range from the Technical Report? The high end AU oz was already calculated by Lambo to be 2.5M oz, not 12M oz. You can't just multiply the highest end of Mt and the highest end of gold oz. Each drill area had specific ranges. Plus, we already know USCG thinks there's 2.5M gold oz. Sure, there could be more, but it's all inferred and that estimate isn't public. Also, I don't see where it states that market value?
Goldbelt, I believe your ChatGPT math is only about the valuation, not the buyout price. It's been heavily discussed but $350/oz is a reasonable price per ounce for a buyout that takes into account costs. If we're using similar numbers, it would be more like 60% of $350/oz = $210/oz. Which would be more like 2.5M x $210 = $1.90 USD per share. Which actually would make a lot of sense for a PE buyout, given the stock ATH was about $0.90 USD (LMEFF). Of course, this doesn't take into account the undisclosed LME mineral potential estimates, so that would be a basement type PE buyout price estimate. Obviously we are all hoping for something more like $5 USD per share.
I guess we'll see, it does sound like a buyout is trending in the right direction at least!