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Re: SooS416 post# 4928

Wednesday, 06/05/2019 10:23:40 AM

Wednesday, June 05, 2019 10:23:40 AM

Post# of 18614
Quick valuation estimate for BMXI.

Assuming a full years production from the new leach pads would boost BMXI's annual revenues to about $7.2M to $7.6M (assuming a "base" of $6M as was given for 2018 revs).

For 238M shares and a 33% margin (similar to 2018) that gives earnings per share of from $.010 to $.0105. Even with a tiny multiple of 10x, I calculate a valuation of $.100 to $.105 per share.

Yes, I would say that "undervalued" is a good way to put it.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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