The people I use as advisors in the US market say that Bow's numbers of $300 to $700/ ounce in the ground are correct. Wow!....... if we can prove there is gold in the ground then we should be able to use these numbers to guide us as to what we may get in a sale per SLI share. IMO. JW Forget the low ball numbers I put in an earlier post!
Here's the numbers if a buyer pays approx. $300.00/ounce per SLI share!
@100,000,000 ounces total=$226/share
@50,000,000=$112/share
@25,000,000=$56/share
@12,500,000=$28.00/share
@6,250,000=$14.00/share
@3,125,000=$7.0/share
And at $700/ounce
@100,000,000 ounces total= $527/share
50,000,000=$264/share
25,000,000=$132/share
12,500,000= $66.00/share
6,250,000=$33/share
3,125,000=$16.5 share