Can get something out of these equations for those that are new.
Gold Resources:
Measured & Indicated+Inferred=Total Gold Resources
Gold Price:
Gold Price (Total Gold Resources)= Current In-Ground Value
Extraction Costs:
Total Gold Resources(Cost of Gold Extraction)= Total Extraction Costs
Current In-Ground Value - Total Extraction Costs= Net In-Ground Value
Future Gold Price Speculation:
Total Gold Resources(Your Speculated Price of Gold In the Future)=Future In-Ground Value
Future In-Ground Value - Net In-Ground Value= Future Net In-Ground Value after Extraction Costs
Market Cap Estimation:
If we assume that the market values a goldie at 1.5 times its net in-ground value (a speculative multiple that can vary widely). These formulas are an attempt to gauge the company's intrinsic value based on its assets and potential future earnings from those assets.
1.5(Net In-Ground Value)= Estimated Market Cap (based on current gold prices)
1.5(Future Net In-Ground Value)= Estimated Future Market Cap (based on speculated future gold prices)
