How do I re-write this piece of BASIC programming to PHP?

Pardon my lack of expertise but I really do need to pick your brain on the proper formulation of this PHP code.

I have these two lines of BASIC:

100 PITCHHOR=(LSLATHOR/(NRSLATVER+1)):LSLATHOR=PITCHHOR*(NRSLATVER+1)
110 IF PITCHHOR>72 THEN NRSLATVER=NRSLATVER+1:GOTO 100

I simply need to put it to PHP code, I understand it is out of context but I simply need the logic. What is happening it makes an adjustment to PITCHHOR on line 100, and an adjustment to LSLATHOR. Then if PITCHHOR > 72 it adjusts NRSLATVER and goes back to line 100, and it seems to loop until a condition is met where PITCHHOR is less than a value of 72. Am I right in this?

What would PHP look like for these two lines, would I use a while loop?

My attempt (Probably making mistakes)

<?php
    $pitchhor = (floatval($lslathor) / (floatval($nrslatver) + 1));
    $lslathor = (floatval($pitchhor) * (floatval($nrslatver) + 1));
        while ($pitchhor > 72) {                    
            $nrslatver += 1;
            $pitchhor = (floatval($lslathor) / (floatval($nrslatver) + 1));
            $lslathor = (floatval($pitchhor) * (floatval($nrslatver) + 1));               
        }
?>

I'd appreciate your help ty vm.

EDIT 1:

I made a slight change, trying to use goto since it's been introduced in PHP 5.3.0.

Does this logic reflect the BASIC code?

recalc:

$pitchhor = (floatval($lslathor) / (floatval($nrslatver) + 1));
$lslathor = (floatval($pitchhor) * (floatval($nrslatver) + 1));

if ($pitchhor > 72) {
    $nrslatver += 1;
    goto recalc;
}

EDIT 2:

I ended up using this, and it worked thanks to Richard Chambers (I added a dynamic tolerance instead of a fixed pitch tolerance of 72, and this pertains to the specifications laid out in the old BASIC program):

do {
        $pitch = ($length / ($slat_qty + 1));
        $length = $pitch * ($slat_qty + 1); 
        if($pitch > $tolerance) { 
            ++$slat_qty;
        }
} while($pitch > $tolerance);

Solution

The BASIC source can be broken out as follows. This assumes that the multiple statements on the same line of the THEN clause are part of a block which seems to be standard for old style BASIC.

100 PITCHHOR=(LSLATHOR/(NRSLATVER+1))
102 LSLATHOR=PITCHHOR*(NRSLATVER+1)
110 IF PITCHHOR>72 THEN
112 NRSLATVER=NRSLATVER+1
114 GOTO 100
116 END

I think that the following is close to the BASIC source. Have it in a loop that continues so long as the if statement condition is met. Nothing really wrong with goto statement just can be a source of errors. And frankly the following could also be an error if $pitchhor does not converge to a value less than 72 therefor the thread ends up in an infinite loop.

<?php
    do {
        $pitchhor = (floatval($lslathor) / (floatval($nrslatver) + 1));
        $lslathor = (floatval($pitchhor) * (floatval($nrslatver) + 1));
        if($pitchhor > 72) {                    
            $nrslatver += 1;
        }
    } while ($pitchhor > 72);
?>