Post by
rockingrooster on May 27, 2024 10:23am
Very nice press release..
Based on the information contained in this NR ,we can calculate the anticipated profit for Balabag for 2024.
4 months production of # 15,618 GEO should result in at least # 47,000 GEO for the year.
AISC for the 4 months $1805, realized price should be around $2,300 ,yielding net profit of $ 495 per GEO.
# 47,000 x $ 495 = $ 23,265,000
TVI's 30.66% = $ 7,133,000 divided by 750,500,000 diluted shares = NP of $.0095 share usd OR $ .0125 cad.
P/E ratio of 15 would yield $0.188 cad per share
glta