How Many grams per T do we need to justify a $20 per share Price?
I posted something very similair back on Feb 18, 2011 regarding what a $20 share price relates to in g/T, however, back then we just used the original Ovoid from the original 3D Image. Not only do have have new info, we also have many new readers to this board.
Lets do this again using, the new 3D image, & just the 1 Anomally (1800m X 1700m X 1300M)
We'll assume the following numbers & facts for doing the calculation:
$20 per share offer, lets assume
Only the 1 Anomally (and it will be scaled using the Ovoid Formula, multiply by 0.52)
An offer of $200 per OZ in the Ground
Assume we have 120 Million Fully Diluted Shares Outstanding
OK Here We Go:
$20 per share = 0.52 X 1800m X 1700m X 1300m X 2.5T/m3 X ?g/T X 1OZ/31.1g X $200/OZ / 120Million shares
?g/T = 0.0722
You'd need only 0.0722 g/T in just the 1 Anomally to give you approx $20 per share
Do we want to hold on tight to our shares now?