Steini, You have at least got the value much closer to the mark then arion. If all oppies and shares both listed and unlisted are converted then there will be 5,705,856,101 shares on issue. MOY would get around $50m for the conversion of oppies.
From PRU's latest quarterly: Now lets look at PRU (This was used by arion), PRU's receipts last quarter was around $82m and $192m for 12 months, PRU market Cap is around $1.1B
Now my calculations (only my guesses), MOY to produce 100,000 ounces of gold at say 1600 per ounce gives MOY a yearly receipts of $160,000,000.00, so we should have a market cap less then $900m, so at best we can hope for would be around 15 cents per share. now please do not use this information to invest as its all just guesses on my part
Please DYOR
MOY Price at posting:
59.4¢ Sentiment: Hold Disclosure: Held
