I know one answer to this question would be no a real lot ... but sentiment will change ... so a median figure.
What is a reasonable figure to use to value a producing Gold company?
US$2000 on each annual ounce of gold produced ?
US$100 per ounce of resource (JORC-compliant)?
I understand there are many variables here …such as
Open Cut/underground.
Grade and type of ore
Sovereign risk etc, etc.
Any thoughts or any links?
Thanks, cy7
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