So using Bill's analogy in Au Eq;
VXR has 2Mio ounce Au mining inventory
Producing 170kt oz pa /12 years
All in cost of production <$1000/oz
What's a fair market cap in the gold space..$250-300m ??
So using Bill's analogy in Au Eq; VXR has 2Mio ounce Au mining...
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Mkt cap ! $557.3M | |||
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