IGR 0.00% 50.0¢ integra mining limited

Interesting to see they've shown the price per resource ounce...

  1. 228 Posts.
    Interesting to see they've shown the price per resource ounce _post_ upgrade. They must already have a fair idea what that ounces total is going to be.

    Solving using the remaining figures that we know, we can figure out the post upgrade resource is around 1.5 million ozs.

    EV @ 50cent share price = 372mm shares * 50c - $31mm cash = $155mm.

    $155mm / ~$100 per oz value = 1.55mm ozs approximately.
 
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