So we are targeting 50 000 ounces per year production at a cost of $800 per ounce .So a quick calculation gives us 50000x $900 = $4500000 profit per year divided by say fully diluted shares of 700 million = 6.5c per share x p/e of 10 gives us 0.65 p/s .Then there is the copper credits and silver.Please can people correct me if this is unrealistic or totally wrong.
interesting to apply it to a increase in yearly production of 70 000 onces per year gives us 63 million which gives a .09cent p/s at a p/e of 10 = .90c per share
This is why I'm heavy into this baby.50cents would do me just fine and as we move closer to production startup I feel this will easily be surpassed
Constuctive comments appreciated
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68.5¢ |
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 67.0¢ |
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Price($) | Vol. | No. |
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72.5¢ | 1223 | 2 |
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No. | Vol. | Price($) |
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1 | 1499 | 0.665 |
1 | 50000 | 0.660 |
1 | 1538 | 0.650 |
1 | 4721 | 0.630 |
Price($) | Vol. | No. |
---|---|---|
0.725 | 1223 | 2 |
0.730 | 1403 | 1 |
0.770 | 6174 | 1 |
0.775 | 2452 | 1 |
0.790 | 5567 | 1 |
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