IGC international goldfields limited..
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resource valuation 1.05 for igc, page-4

  1. dippa12345
    55 Posts.
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    03/07/08
    12:53
    Post #: 3944118
    If its worth $US70 per ounce

    Then 3.06Moz valuation would come to:

    3.06*70= $214.20

    The options would raise another $12 million

    Which totals $226.20

    185 million shares outstanding

    Price would be = $1.22 per share
    IGC Price at posting: 0.0¢ Sentiment: ST Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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