Mining Valuation Techniques P/NAV, P/CF, EV/Resource
I know that the cost of building the mine divided by the number of ounces will be 200 dollars per ounce. I also know that the average allandsustaining cost to operate the mine is about 900 dollars per ounce. Based on some studies. All the above combine for a 1,200 per ounce TAC. The formula is as follows: