CEL
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0.00% 4.5¢ challenger gold limited

research report, page-10

  1. Ty Cat Mac
    2,096 Posts.
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    16/12/20
    10:14
    Post #: 49611481
    So: EV at $187/oz = $117.3m or 627,000 oz

    Therefore if they find 10m oz at an EV of $187/oz then EV is $1.87b

    That would make the share price (653,093,846 shares on issue including the restricted shares) $2.86

    I can wait for that

    CEL Price at posting: 20.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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