RE:Market Cap. - $ 4,6 mio
i think he missed the decimal point on that report it is simple math 2 mil x 1336 2.6 billion
if cost to produce is 700 then that leaves 632 per ounce profit x 2 mil equals 1.6 billion
less taxes and royalities guessing around 50 percent 632,000,000 divide by number of shares
this works out to 5.4 per share but if value goes up options get exercised this delutes that number. but it still should be well over 2.50 a share and that is why the investor from perth via china is trying to run it into the ground so he can pick it up for nothing.
the only thing he does not understand is he will be sued by shareholders for these actions and delays in fiancing the project . he is trying hard to put the company into default because he is the creditor. this company just needs a little more to get over the hump then we see our returns.
lets hope it happens