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14,265 Posts.
200
23/05/18
13:15
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Very broadly, $30 mil per year from Oposura.
Divide by 111 mil shares on issue.
= .27c approx.
Price to earnings is about 6 times in this sector.
$1.62 per share valuation.
This is just for Oposura. No other value given for Alacran deposits or Sara Alicia.
Naturally Opex and capex must be taken out.
Capex is broadly $40mil. Very low.
Opex is very low as set out in San Felipe analysis reposted several times recently.
So in about 1.5 years from production Oposura would be debt free.
A standard timeframe before decision to proceed to build a mine is about 2 years. Oposura will be fast tracked, 12 months from PEA is rapid.
The market is going to wake up to the numbers sometime soon, most likely after the PEA is issued mid year.
Meanwhile we never seem short of detractors, and diversions.
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