My back of the envelope calculations only.
Note: I have discounted the future gold value of Mandilla by 50% (estimated to have a cash value to AAR in 2007 of approx $10-12m) and have taken costs of mining Koongie at .60 p/lb not taking into account any value for the Cu value or Atlantis extension.....so these tabled figures may be way out (IMO very much on the conservative side).
Anyone with better valuation skills (not difficult I am sure) care to do more detailed/accurate valuation? No matter how I look at AAR the sp is going to increase exponentialy.
valuable sleeping giant, page-3
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Mkt cap ! $77.62M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| Price($) | Vol. | No. |
|---|---|---|
| 8.5¢ | 21316 | 2 |
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