Friday, January 20, 2012 10:16:08 PM
9,600,000 tons of recoverable ore divided by 30 years=320,000 tons per year, just be conservative, .75 oz of gold per ton will yield 240,000 oz of gold per year. Then just times $600 per oz(profit) by 240,000 oz will generate $144,000,000 per year for profit. CRWV gets half of the profit, so it will be $72,000,000 for CRWV.
pps calculation= $72,000,000/400,000,000 shares*20=$3.6 per share
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