sbl ev per ounce of resource

I cam across some numbers and put them in the chart below. It said SBL's EV was $33/ounce.

does anyone know if this is correct?



and "Company valuations more than triple when they become producers"....

so if this $33/ounce becomes about $100/ounce what does it mean? can you relate this to the share price somehow (like does it triple the value of the share price or something?)?

thanks