by Robert K. Greenleaf SERVANT AND LEADER — can these two roles be fused in one real person, in all levels of status or calling? If so, can that person live and be productive in the real world of the present? My sense of the present leads me to say yes to both questions. This paper is an attempt to explain why and to suggest how. The idea of The Servant as Leader came out of reading Hermann Hesse’s Journey to the East. In this story we see a band of men on a mythical journey, probably also Hesse’s own…
Long-Term Price Case $1,700/oz. Au Flagship Project Volta Grande Mineral Reserves 3,788,000 ozs. Shares Outstanding 442,631,915 Market Cap $84,100,064 Average Annual Production 205,155 ozs. Recovery 93.1% LoM 17.2 Years Payable Product 3,524,100 ozs. True All-in Cost (TAIC) $900/oz. Gross Revenue $5,990,970,000 CFEM Royalty ($42,240,000) Gross Income $5,948,730,000 Total Operating Costs ($2,488,640,000) Operating Profit $3,460,090,000 Income Tax ($155,060,400) Total Capital Costs ($486,086,900) Net Income $2,818,942,700 Net Profit Margin 47% Absolute Cost Structure (ACS) 53% True Value $6.37/sh. Cash Flow Multiple 5x Annual Cash Flow $164,124,000 Future Market Cap $820,620,000 Future Market Cap Growth 876% Target $1.85/sh. Notes: All Values in U.S.…