Post by
Krammer000 on Sep 19, 2022 9:07pm
This is what I value AMK today.
27,000,000 oz X $150 in the ground price = $4,050,000,000 - 80% = $810,000,000 AMK share.
810,000,000 devided by shares outstanding 430,000,000 = $1.88 / share
back of the napkin approximation. Very conservative numbers. This is not to account any premiums. Location, location, location.
Comment by
Whatamidoing1 on Sep 19, 2022 10:09pm
I think what he ment is. Currently 27Moz x.2 =5.4M 55.35M(mcap) 5.4M = $10.25 per oz is current value If we have 50M oz = $5.54 per oz 70Moz = $3.95 per oz I did this on a cellphone it will probably mess up my spacing