See this thread assuming they prove up 5 Moz to 7 Moz and so on.
https://hotcopper.com.au/threads/nv...0-83-for-5-moz-to-7-moz.5695163/#.X5QKIKQ8YlQ
There’s two components to valuing a gold company:
For now I am attacking it from these two angles separately. Once we have both a global resource and a PEA I can come up with a combined or sum of the parts estimate.
- What they can produce annually
- What scope they have for growth of production and when that growth will start
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Ann: RPM Expands the Resource Drilling Footprint for 2021, page-164
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