Aurora Acquisition Corp (AURC)

[WhiteSahara]

AURC at $5.00 per share value soon? Mejerrylee’s lovely article states that French banking giant Credit Agricole is “raising our mid-cycle gold price estimate to USD900/oz from USD750/oz and see the possibility of a spike to USD2,000, or higher”. IF, the $750 per ounce comes true, up from our current approx. $570 per ounce value, we are immediately worth $180 more per ounce. That is without lifting a shovel or crushing an ore rock.

Buyout Value?

IF someone were to pay just $110 per ounce for rights to AURC’s minefields, the purchaser would still make over $220 dollars per ounce in profits. (based on a high $400 per ounce production cost and $730 minus the $110 per ounce sales price). The silver is an additional give away for around $25,000.000 per year to the purchaser. 5.2 million ounces times $1.10 per ounce is $572,000,000.00/110,000,000 shares is $5.20 per ounce. So we round down to reach the $5.00 per share.

Above scenario and gold hits $900 and someone offered $150, share price is $7.00. They earn $350 per oz.

Another look at this is, if our existing 110,000,000 shares own the 5,200,000 oz of AURC’s gold reserves, which we do, each share owns 0.047273 oz of gold. Each 100,000 shares of stock own 4,727 ounces of gold reserve. How many shares/ounces do you own? Times your total shares held by the .047273 to learn your gold total. Yea right, I’ll be selling my shares for a quarter each.

What would stop a country like China from trying to purchase metal rights to our mines through a third party. They want 3000 tons of Gold for their reserves and we many times that. Our 162 tons is worth, a ton.

Please note that I am taking back all those French war jokes I’ve told over the years. Oh, and Mr. Parkin, count me in as a yes vote on the sale of the mines. Hey, a guy can dream can’t he?

Price per share value at $750 per ounce if we stay at 110 million shares maintain ownership? $13.00

Just goofin’ around, but every investor and every company need an exit strategy.

All in my humble opinion,

Airdale