all based on .5 grams per ton, fixed annual costs of $15,932,108.00, and 25% Bolivian tax bite:
1) $325 POG X 483,859 0z.=$157,254,175 gross. less costs & taxes = $102,008,523 w/300M shs. = .34 PE X 20 = $6.80/sh.
2) $400 POG = $193,543,600.00, less tax & costs = $129,225,592 w/300M shs. = .43 PE X 20 = $8.60/sh.
3) $700 POG = $338,701,300.00, less tax & costs = $238,093,867 w/300M shs. = .79 PE X 20 = $15.80/sh.
4) $1,000 POG = $483,859,000.00, less tax & costs = $346,963,142 w/300M shs. = 1.16 PE X 20 = 23.20/sh.
stock price range (and reserves) depending on grade...
[less than 0.20g/t will take the stock below $0.02 - it will avoid zero because of the 125K acres in the pre-cambrian shield]
0.25g/t = $5 - $10 85.5M ounces
0.5g/t = $10 - $20 171M
1.0g/t = $20 - $40 342M
2.0g/t = $40 - $80 684M
5.0g/t = $100 - $200 1.71B |
