if we were able to start mining, and we were able to pull 1000 oz per month, x $1531.00- $300 costs = $1231 .
$1231 x 1000 = 1.231m per month,
$3.693m per quarter,
$14.77m per annum, divided by 316 m =4.6c per share times p/e ratio of 10 =46c.
anybody else want to take a stab at it?
regards timmo
Start mining, page-27
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