Yes you are right, except it is 700k, not 770k gold... hey, it is early in the morning and just got through an extensive AND FASCINATING VOR post, which mentions AVB!
An adjustment using the updated figures is 15.8c copper + 1.8c gold for 17.6c
So not 16c, but 17.6c.
In any case I see no reason why the SP should not now approach this, even on the current uptrend. It is overdue.
It is not a prediction! but a target price based on calculations to back it up. Much nicer.
Interestingly the "rules of thumb" are averages and AVB should be considered as above average due to location for power, water, access etc.
...all interesting stuff.
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