Hey worzel, thanks for your explanation.
I used a simple method as follows.
Total gold held by Tbr is 149871 oz less Rnd 26% ownership = 110905 oz
Tbr also owns 44% of Rnd 40896 oz which is 17994 oz
So Tbr ownership is 110905 plus 17994 =128899 oz
128899 x current gp 1539.00 is 198,375,561
Then divide that number by the total number of shares of 50m gives me $3.97 c/share in gold value held. Current sp 5.25
W
Gold on Hand Worth MORE than Mkt Cap!, page-38
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