Ely Gold Royalties Inc ELYGF

Some numbers

[Popfrack]

ELY expect 16MM$ revenue in 2023 (with a POG of 1500$)
Considering MAX 2MM expenses
3MM taxes
we have 11MM earning after taxes in 2023.

Royal Gold have a PER of 40

Hypothesis POG 3000$ by the end of 2023
so the earning should be around 22MM$

So if we apply PER of 40 like Royal Gold ELY should have a 880MM market cap so 4 times today price.

Skylockreturns does my numbers make sense to you ?

[huesos]

Thanks for posting those numbers. It clears a good deal of the uncertainty away.

[Shylockreturns]

Popfrack - My apologies for the late reply, good sir, I have been occupied with other things the past few days. As to your numbers, yes, they are accurate.  I anticipate gold far higher than $1,500 which will drive the numbers higher. I see ELY as a minimum $10 - $12 stock if they play their cards right and are fortunate enough to acquire high quality royalties.  The other driver