Don't know why you find the EV/oz unfortunate....fact is you do a comparison based on relevant peer group comparisons.....which in this case is lower grade producers which I have done....
All about how you use the tools at your disposal....I also did a DCF analysis on SBL on 350ktpa and avg grade of 1.9 g/t....and current JORC resource of 1.47m oz and got a DCF value per share of 15.5 cents....but personally prefer EV/oz valuation as reflects "market" valuation based on relevant peer group.....
SBL Price at posting:
2.9¢ Sentiment: Buy Disclosure: Held
