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Re: None

Friday, 03/04/2016 11:37:08 AM

Friday, March 04, 2016 11:37:08 AM

Post# of 63744
At 50k oz production per quarter...

If POG goes up $100 an oz, an additional $5million in revenue is earned.

5mil is 500mil pennies - divided by 250mil shares gives you two cents EPS per $100 increase in POG.

So if third quarter we made .4 EPS (without impairment) and POG has gone up $200 then we should be looking at around .08 EPS going forward (not for 4Q of course).

.08 EPS times four is .32 EPS annually. 10x-20x P/E is then $3.20-6.40.

So a target price at 1300 POG should be $3-6. Crazy!

Long BAA!!!

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