Well thank you gustavo89. We're all excited about drilling results for NXM and TMX. NXM value is a good question. AISC for the ore at Pinnacles will mainly be cash costs due to use of contractors and SAR treatment. Let's pretend it's comparatively expensive to mine say $1600 per ounce including exploration cost to replenish ore. Cashflow of $25m on $1000 margin on $25k ounces. I don't know what PE ratio to use so I'll give it PE ratio of 4 and spitball up $100m mcap.. So 50 cents? Then add Wallbrook and other aspects as well.
-
- There are more pages in this discussion • 747 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add to My Watchlist
What is My Watchlist?
