worth of rau?, page-18

Good work there Sentia.. got a thumbs up from me.

Also, Just 2 cents worth if I can:

Scenairio:

* A Gold Company with a reasonable grade Resource/reserve with at least 70-80% of it in the higher categories of measured and indicated

* a low to mid level cash cost of production

= should have an EVO (enterprise value per oz) of over $150

Say a company is producing & has a 2 million oz reserve/resource that fits those criteria. (RAU don't yet)

Say that co. also has 1.4 billion shares. That company should have a share price over 20 cents to have an EVO of $150

Mitigating factors are grades, location/s environmental issues, the economy, politics, perceptions etc etc.