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Re: Egold post# 178609

Wednesday, 11/03/2021 3:39:06 PM

Wednesday, November 03, 2021 3:39:06 PM

Post# of 200720
Ok.

Do the numbers using a mid way point in '22 revs.

$7.5M Gross

Be generous and say $3M net

By then, safe to say 850M shares

With a PE of 10 and EVERYTHING running 100% spot on you've got a SP of just over .03.

Go to bottom of the Rev estimate and it's just over .02


And let's not forget hitting the high end at $10M

Just under .05

And who's to say it will even trade at a PE of anything.

JMO

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