RE: Let’s get real20 Apr 2021 12:57
at $2500 an oz profit x 3m oz, = $7.5bn, Divide by 4bn shares = $1.87 share, or £1.34
its rough math, the point I was making is a lot of people here are betting on a huge 20-50m oz resource, my point was that we wont even need 10m oz if POG goes where I think it is.
And this is a conservative calculation, Some experts are projecting $12,000-43,000 and oz when the equities/bond bubbles. burst.