OK I CAN DO THE MATHS....2,675,673,209 SHARES DIVIDED BY 14 MILLION OUNCES OF GOLD = 191.12 SHARES AN OUNCE ...
TAKE THE ELITES TARGET PRICE OF $15,000 an ounce and halve it to be conservative =$7500
now divide $7500 by the 191.12 shares an ounce an you get a estimate share price of $39.22
now if the market gets over heated like they do during the corona virus then double that and if you want to be conservative half it wich is $19.61 a share if the elite are correct in thier price target for Gold...
CTO Price at posting:
1.4¢ Sentiment: Buy Disclosure: Held
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