Had to change the title, cause I need you all to forgive even more calculations. I hear ya spfunk, about the calculations, but lets do another one, in another way. I agree with Mopar, as well, the $50 does seem low, compare to what we've been saying, but Rinky was just throwing some numbers out there, and got the board going good this morning.

So, lets just pretend that $50 is a real number, and what do we need to give us $50 per share. When you work the numbers backwards, it really does put things into perspective, about our future potential.

Here is the formula we need:

SP = Tons X g/T X 1OZ/31.1g X $Price per OZ divided by the fully diluted outstanding shares

So, we have 3 constants, and only 2 unknowns

Constants

1. Ton which is the volume X density Assuming the Zona Central Anomaly only, and scaled by the very large amount of 68%, this number would then = 3182 Million T
2. 1 Troy OZ = 31.1 grams
3. Outstanding shares = approx 125 Million shares

Unknowns

1. how many g/T will we average. (Remember the average so far is 29g/T)
2. Price per OZ (the average I had of recent takeouts was approx $750 per OZ)

When you put these numbers into the formula to give you a $50 share price, the 2 unkowns (or X squared) come to a total of:

X sq = 61, so this means the following:

1. 1g/t and $61 per OZ
2. 0.5 g/T and $122 per OZ
3. 0.25 g/T and $244 per OZ

Get my drift, that would be 2 very small unknown numbers to give a $50 share price. And that's only 1 Anomaly, and the total volume is scaled by 68% (I'm only taking 32% of the volume)

I'm thinking $50 is low, how low, well I'm not sure?

Bow