NVA 6.82% 20.5¢ nova minerals limited

Ann: Scale of Korbel Grows at Block D Estelle Gold Project, page-61

  1. 582 Posts.
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    Continuing on with this little game, thinking out loud....

    lets assume 2.5 moz at $750 profiet per oz and a life of mine of 10 years.

    thats 1.875 billion USD total revenue, or 187.5 million USD per year.

    187.5 million USD is 234.5 million AUD using a conservative exchange rate of 0.8.

    a P/E ratio of 15 would put the market cap at 3.5 billion AUD, or roughly $2.34 per share
 
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