Comparison4 Aug 2016 12:53
Just having alook at the camparison between Aue and highland gold mining (hgm)
Hgm total production last year was 260,000 market cap is 455m
Aureus production will be 120,000 market cap is 50m
Ok so devide hgm into two and the Market cap is 222m.
To me this is how much aureus should be worth around 200m .
Which is 4 times current market cap, which would translate into a share price of around 18p!