assumed gold reserves with cost of extraction and capability processed. price of gold. dates assumed time for brazil to start with cost factored in. ability to extract some sort of payment from profit in indonesia as well as fluctuating costs to aquire operating funds and working capital... hummm...easily acertained...right?
well if they show enough positive earning the market will adjust the SP to get the PE in line with other positive producers. But it has to be at least .26 I dount a .15 cent earing will get it to $4. as of now the market thinks its -.05. Hence a good turn around IF the Audit is possitive and has the correct number. jmo
That was my point last week, asking rhetorically "what does the audit prove"? i.e., if it merely proves the numbers I use for my inputs when comparing them against 1000 other mining companies, then, well, lets just get passed 30 cents first to prove we're an average Gold miner. Hopefully what it will do is lift the veil of uncertainty, then we move from the bottom of the valuation envelope to the midpoint and beyond. Before the last call, the inputs afforded us a much higher average around, whatever it was, 60-80 cents. Forgive me for trusting my lying eyes: