The Aurelian Story, a buyout of 1.2 Billion(1200 Million$), on 13.7 Million OZ of gold:
So, buyout price = # of OZ X Price of gold in ground
1200 Million = 13.7 Million X ?(price in ground)
Price in ground = $87.59 approx per OZ in the ground (Much higher now!)
And, after the 4 to 1 stock split, they had approx 145 Million outstanding shares, and that's how the buyout would equall approx $8.20 per share:
13.7 Million OZ X $87.59/OZ divided by approx 145 Million outstanding shares, would =:
$8.28 approx per share (buyout actually was $8.20 per share)
As I've posted before, go to the youtube video, (Betrayed: The Story of Aurelian Resources), it's quite good, and I don't think we have a Management Team like that story (IMO) I believe we will get top dollar for Tesoro! I believe we have the best Management Team we could ever ask for!
I don't want to guess how many OZ we will have, or the price per OZ someone will offer, but I would make a pretty safe bet (IMO) both these will be quite higher than the Aurelian Story, and the shares outstanding we divide by are lower, so, you do the Math! I know I have!
BOW2U