GOLD/SILVER PRODUCER --HUGE upside Vs low CAP, page-103

Firstly this isn't a developer it's a producer. They've provided figures so it's only a matter of a few DCF calculations on your part to figure where it might be priced relative to earnings. The gold is stock piled and will be used to pay off the $24m debt prior to Q1 FY21 end. That's where the gold aspect concludes outside out exploration and silver stock piles begin.They've stated this if you missed the 3 phase plan. The small capacity mil has previously churned 1.2moz/a Ag and had a refurb. According to prospectus they anticipate 2moz/a Ag, I'm not sure it can or not it's what is stated so will run with 1.2m - 2moz/a with a potential Ag prices in AUD of $50 by end of Q1 FY21 (approx.). We can approximate FY21/22 is $0.10 - $0.15/EPS (depending on throughput) at a P/E ratio of 10 is priced @ $1 - $1.50/share. Dyor, that's just my back of the envelope calcs.