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35.8¢ big river gold ltd

Ann: Sale of Meteoric Shares For $2.75m, page-109

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rastes

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24/09/19

08:49

Post #: 40538390
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Originally posted by rastes ↑

Were you getting this $30 ounce from. ?
Like, excluding everything else cash/etc.
The market currently is valuing the 2.4mil oz at a piddly $25mil dollar's. = BRVs Market Cap, at 2c per share. So that works out about $10.50 per ounce.yes ?
Simply If it was your $30 per ounce, BRV market cap would be $75mil, so that equals 6c per share. Which is still bugger all, to low/cheap for having proven 2.4mil ounces in ground.
Scale that up to around $60 per ounce especially these days were the gold price is at is somewhere about fair realistic value at this stage and would put BRVs market cap at only $150mil. = 12c per share. Pre - DFS
Imo methinks : )
All good.

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BRV Market Cap currently a piddly $25m for 2.4mil ounces gold. lol. unreal : )

https://goldprice.org/live-gold-price.html

BRV Price at posting: 1.9¢ Sentiment: Buy Disclosure: Held
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