With total costs about $755/oz x 70,000oz, divide by 4 billion shares, resultant profit per share is 1.2c.
Allow for royalty, hedging etc and round that down to 1c/share. Assume a p/e ratio of 15 and the resultant share price becomes 15c. Most debt should be cleared within months of first pour. (should be Q4)
Come to Papa
With total costs about $755/oz x 70,000oz, divide by 4 billion...
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