EZ agreed. Your version is 10% higher.
And our profits again would be much higher under your scenario.
How about putting that extra 3 1/3% towards our end of mill construction costs?
P/E's on a few of the producing mines read as follows;
Agnico eagle trading at...........72X earninings per share.
Goldcorp trading at.................30X earnings per share
Newmont trading at................16X earnings per share.
Yes we have a way to go down the production road, but the heavy lifting except for mill construction has all been done. Every one else is looking for reserves. Ours are in place.