pepsipet could you please tell me where my error is:
you
"So i can say this
Oz in the ground 500,000
oz mine per year 50000
Cash needed to get running $50,000,000
lets plug in numbers
Gold price $1,500 $75,000,000
Cost to mine $600 $30,000,000
Capital and interest costs @ 10% $5,000,000.0"
me
So i can say this
Oz in the ground 500,000
oz mine per year 50000
Cash needed to get running $50,000,000
lets plug in numbers
Gold price $1,500 $750,000,000
Cost to mine $600 $300,000,000
Capital and interest costs @ 10% $5,000,000.0
GP $445,000,000
Shares 221,000,000
return Per share $2.01
Does that make more financial sense?
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