glittering prospects - smh 13/11 - fml 17 cent, page-50

>200k X $1753 (current price) is $350,600,000 revenue - right now?

>200k X $2k is $400,000,000 revenue

Pintohoo,

No companies market cap, P/E etc is based on Gross revenue.

It's all about the profit. Some will argue that it's all about the NPAT rather than gross profit??

I like to base calculations off the NPAT.

Let's just say that total costs remain at around the $950/ounce mark then on today's price the profit margin would be $819 per ounce of gold mined.

$819 x 200,000 = $163,800,000

Take off at least 40% for tax, royalties etc and you get

$98,280,000 NPAT.

x P/E of 10 = $982,800,000 market cap or 22c per share.

Current market cap is around 259 million.