Sustainable Green Team Ltd. (SGTM)

[tmob]

What I have done is base my estimates on the gold pulled this year during the dry season using 1 dredge for about 6 weeks. With this said for the 2011 season I am estimating $5.5 mil in gold and $500k in diamonds.

Based on the share structure posted here is accurate to Dec 23.
http://www.otcmarkets.com/stock/SGCP/company-info

SGCP market value seems to have almost doubled to $4,019,803. Divide this by the number of outstanding shares of 1,674,918,102 gives us todays share price of .0023999.

So assuming $6 mil in mining plus $4 mil market value should bring us to $10 mil total. This $10 mil divided by 1,674,918,102 shares outstanding brings our share price to .00597 for 2011.

Now there is suppose to be a P/E multiple of 10 to account for but I just dont see it being a factor in todays share price. Therefore I omitted it from my calculations.

If anyone else can share there ways of calculating share price or 2011 share price it would be greatly appreciated.