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Lumina Copper Corp LCPRF

Metals & Mining Industrial Metals & Minerals


GREY:LCPRF - Post by User

Lumina Copper Corp > BUYOUT-LUMINA ROYALTY-FRANCO-NEVADA
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Comment by kroghon Sep 22, 2011 11:23am
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Post# 19071752

RE: BUYOUT-LUMINA ROYALTY-FRANCO-NEVADA

RE: BUYOUT-LUMINA ROYALTY-FRANCO-NEVADAGreat, that is about $1.60 per share. Probsbly fair value, however I had counted on being forced to wait years for dividends on those unlisted shares. Nowthe value is unlocked immediately. Good.It also bodes well for the sale of Taca Taca. If Taca Taca is counted as 25% of the value of the royalty shares, it values th full Taca Taca deposit at around $1.5 billion.It shall be interesting to see what happens next year.Cheers.
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