MYG 0.74% 68.5¢ mayfield group holdings limited

value

  1. 508 Posts.
    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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