SBL signature metals limited

29 cent per share gold value

  1. 7,809 Posts.
    Current gold resource is roughly a million ounces .
    @ 70% equity (700,000 oz) = US$700 million approx .
    Deduct US$700 per oz capex = US$210 million margin/ A$230 million
    Assuming 800 million shares and A$230 million gold value = 29 cents per share .

    JORC increase and other international projects will only improve value .
 
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