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Given the shares outstanding of 370,355,185, we can now calculate the potential stock price for i-80 Gold at a gold price of $4,000 per ounce.
### Valuation
1. For 250,000 oz production:
- Valuation: $7,000,000,000
- Stock Price:
\[
\text{Stock Price} = \frac{\text{Valuation}}{\text{Shares Outstanding}} = \frac{7,000,000,000}{370,355,185} \approx 18.88 \, \text{USD}
\]
2. For 400,000 oz production:
- Valuation: $11,200,000,000
- Stock Price:
\[
\text{Stock Price} = \frac{\text{Valuation}}{\text{Shares Outstanding}} = \frac{11,200,000,000}{370,355,185} \approx 30.22 \, \text{USD}
\]
### Conclusion
- Potential Stock Price at $4,000 Gold:
- If producing 250,000 oz: Approximately $18.88
- If producing 400,000 oz: Approximately $30.22
This illustrates the significant upside potential if i-80 Gold achieves its production targets at a higher gold price.
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