It should be much higher but it would depend on costs if Silver is $200oz it would also be likely many costs would have risen i.e Oil $200bbl so costs per oz could be $100 per oz ...still it's all about profit margin after all costs of the running AYN are taken out....300mill turnover 200mill total costs =EBIT 100mill
times this by reserves if all goes to plan 10yrs @1.5moz p.a =1bill market cap
silver $200.00, page-2
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