comparison again, page-15

As a takeover as things stand today , pounds in the ground X resent sale price per pound. Divide by number of shares. This gives $ value per share.
If you buy something to on sell you must have a margin, none of these are producing mines yet. RISK..
The costs to produce are similar and we base the end sales @ $70.00lb REWARD..
EXT , 267m lbs x $6 = $1602m
$1602/ 223m shares = $7.00
$7.00 / 50% risk = $3.50/ share
ACB, 98m lbs x $6 = $588m
$588/ 110m shares = $5.00/ share
$5.00 less 70% risk =$1.50
BMN 160m lbs x $6 = $960m
$960/ 240m shares = $4.oo/share
$4.00 less 50% risk = $2.00
All the above are within a few yrs of each other and share approx the same processing costs $30/lb.
When we are dealing with the finished lbs regardless of ppm prior to processing the end product is the same.
Some look over bought and others look cheap all things considered( no blue sky factored into any of the calculation.
Look foward to any corrections thanks.. Stormboy1