Jun. 14 at 7:51 AM
$SVRSF given they keep 608M shares, with 3M AgEq annual production, AISC no more than
$30 and P/E=10, the price per share, based on silver, would be:
$100 ->
$3.45 -> 2.1B -> 9.8x
$110 ->
$3.9 -> 2.37B -> 11.1x
$120 ->
$4.4 -> 2.67B -> 12.5x
$130 ->
$4.9 -> 2.98B -> 14x
$140 ->
$5.4 -> 3.28B -> 15.4x
$150 ->
$5.9 -> 3.58B -> 16.8x
$160 ->
$6.4 -> 3.9B -> 18.2x
$170 ->
$6.9 -> 4.19B -> 19.7x
$180 ->
$7.4 -> 4.5B -> 21.1x
$190 ->
$7.9 -> 4.8B -> 22.5x
$200 ->
$8.3 -> 5.05B -> 23.7x
You can add about
$500M premium for San Diego to the marketcap, so maybe just add 1 to the multiple.