Heres my very basic 2c worth, note i am making certain assumptions to keep it simple, please correct me if im wrong...
40.00 Worst case silver value - 10.50 Cost Per oz x 2,500,000.00 Production = 73,750,000.00 Net profit 170,810,000.00 Market cap estimate 179,800,000.00 Number of shares
(73,750,000 x p/e) x number of shares = 4.10 Share price based on p/e of 10 1.44 Share price based on p/e of 3.5
2.32 Current Price/Earnings approx 1.71 Current Price/Sales approx
this is a no brainer in terms of risk, production assumed, worst case we only go to around $1.44,
currently every penny i have is in CGT but a soon as it jumps after production in sept im into CCU
CCU Price at posting:
77.6¢ Sentiment: ST Buy Disclosure: Not Held
