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Tuesday, January 03, 2012 6:10:14 AM
Let's say with our current O/S is the same and we'll keep the 40/60 split with our future partner(s) and given that the drill core produced some positive result and we start going into production then the prices are follow:
- 6 Pebbles = $19.69/share
- 12 Pebbles = $39+/share
Of course, these prices are not priced-in with other claims we have in AZ. Some people read the estimation above and kind of disagree with it and said that the prices should be double the estimated amount given above. Hope this is the answer you're looking for. Good luck.
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