Haven't really looked at possible CF (Yes, annual cash flow). And LOM isn't greater than 10yrs, so there needs to be discount for that too. And it's a future assumption too that doesn't help us today.
I feel the selling is overdone, although we all know it can keep going to the point of absolute stupidity. Thankfully I believe the gold price will rescue the sector soon.
Haven't really looked at possible CF (Yes, annual cash flow)....
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