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Re: Libertarian74 post# 47306

Sunday, 02/07/2016 5:37:00 PM

Sunday, February 07, 2016 5:37:00 PM

Post# of 63744
You are correct to focus on enterprise value and not market cap. But you have lost me on how you came up with BAA valuation being $6/oz. Enterprise value is now $300 million and so has only dropped to 1/3rd the former $900 million:
https://finance.yahoo.com/q/ks?s=baa+Key+Statistics


I also like to look at the EV to gold resource oz - or gold equivalent. Now back in 2011 Banro was considered extremely cheap based upon a ratio of $140 ie 900 million EV divided by 6 mllion oz approx.

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