Post by
whychris on Dec 29, 2022 8:23am
NAV of $4B with upside for gold assets
So an undiscounted NAV of $4B with upside for gold assets and processing byproducts based on future 1 Mt/a mining rate. Basically with flat commodity prices and great execution tge SP could be $40/sh. If the mine can generate $100M/a revenue to avoid dilution beyond $100M sh. Show me another miner at $0.40 with potential to go 100x within 10 years. Buyout at $10/sh seems reasonable, and could prove way too cheap. Wait a year or three and that target doubles.