AQD 0.00% 1.1¢ ausquest limited

Okay...no takers...so here is a go... $4.38 per share2 million...

  1. 85 Posts.
    Okay...no takers...so here is a go... $4.38 per share

    2 million ounces at $1500/oz = $3 billion
    Costs of production (see ref) at $800/oz = $1.6 billion
    Therefore potential net gold value = $1.4 billion

    Let's substract estimated other costs* including royalties of $400 million. This leaves a value of $1 billion.

    $1 billion dispersed amongst 228,312,235 ordinary shares =
    $4.38 per share**.

    * add 30% additional costs on world average...due to location
    ** does not consider DCF analysis as gold is extracted over say 4 years.

    Reference:

    Cost of production - http://www.miningweekly.com/article/gold-mine-costs-up-41-in-q3-report-2010-11-26

 
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