EV valutaion - BLK vs DRM vs SLR vs BDR, page-8

cjbjb2702,

Mate it was actually Specs method he uses more or less as he suggested in his previous post, i was just discussing it further.

Yes as stated at current POG using valuations of current companies MC, say the gold price does go up $100 then i guess you could adjust the figures accordingly based on all companies "market" valuations at that time, once this is achieved you could see the potential upside in MC if the project has upside in production figures and lower AISC.

If you want a alternative idea of how for example a $100 increase in POG could say work for BLK i suggest you have a look at the Sophisticated Investor video reports in relation to BLK on the company website, it also gives you a break down on how LOM should influence sh price and grade of ore, which i personally think will be a huge contributor to BLK over coming 6-12 months as preparations for conversion to reserves for UG development and production progress!