"Best hope for BGM longs is Snowden confirms 10M oz. Then takeover premium of say 40% or say $22 per oz for 220M. Assume 140M fully diluted means $1.57. Ok, maybe premium could be 80%. Not what longs want to here but the numbers are the numbers. Yes?"
Nope, I don't see this. The shareprice we have today is based on a total resource that is maybe only 10% of the total number. Furthermore we do not have any Cashflow from operation included. Also add the new takeover phantasy at BGM now. You can not calculate the number your way since we are calculating not only on the resource and the takeover but also on a large scale soon-to-start production.
I am also counting on a much larger number regarding the total resource.