A RATHER LARGE AND VALUABLE DEPOSIT4 Dec 2019 17:11
40 million ounces of rare/precious metal in the ground at $1,800 an ounce equals $72 billion or £55 billion, at $1,000 an ounce, $40 billion or £30.5 billion pounds. Current market cap £72.6 million. What would be a fair price for the actual value of the company??.. If only valued at just 5% of known reserves at just $1,000 an ounce for the shiny stuff. MC of £1.5 billion. That's 20.66 times higher than current MC. SP 55.78p.. Sound reasonable???