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79,551 Posts.
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06/09/18
12:16
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so - If I add up 1.1 million ounces -- current resource -- then I add 1.2 million ounces from the ex. target underground not counted (1.2m to 1.4m)
I get 2.3 million ounces ----------- X $40 per ounce is
2,300,000 X $40 = $92,000,000
divided by 150 million shares -
$92,000,000/150,000,000 =
.61 cents
Not ramping -- just pulling the numbers from public announcements --
it's all there in black and white.
If you count 1.4 million instead of 1.2 million underground - you can add another 5 cents.