RE: Monday 14th SP - sweepstake10 Apr 2025 17:47
I've tried to work it out - ish.
December 34,000oz gold equivalent but we've no idea yet of AISC.
So, production 1st qtr could be around 100,000oz equiv, although we had a shutdown for planned maintenance - could be more, could be less.
With gold price appreciation Jan - Mar we could have made anything from 100 Million to 200 Million (choose your own currency), as AISC depends on stockpiled ore or dug out by hand with a spade.
Multiply by the square root of pye and divide by, oooh, lets say 8.654 and you get a share price of, eerrrmmm, no idea at all. Too many variables, too much we don't know until Monday.
I have an idea of the share price / market cap i would like to see after Monday results but I fear being sent to a padded cell if I were to have a guess.
All good though and very exciting watching this play out.
My personal opinion (which is a stupid thing to say as I'm writing it), is that, what with all the nonsense going on, the 'market' is asleep at the wheel with regards to Greatland.
Not for much longer though.
Best to all the longer termers in particular and many congrats to the relative newbies.
it's gonna be a ride