Post by
nofluff on Jun 22, 2024 1:16pm
Hard math
Bhp offer for anglo copper assets was about a cad dollar a pound. The resource was so big, that only Bhp and maybe Rio could bid. They r partnes on many things, so not likely to compete.
Ncu pH is much smaller with higher grade and less risk. I believe a dollar a pound would be about 4 billion plus cad.
I am liking the metrics more all the time. There should b about 10 qualified bidders for pH.
Happy hoping:))
Nf
Comment by
italianoMumBO on Jun 22, 2024 1:55pm
how do we no how big blumpkin hollow reallee is if it hasnt been xplored much? could be 30 billions lbs of copper there. No wunder why there r so meny unhappy posters here... thye didnt by n e storks...
Comment by
nofluff on Jun 22, 2024 2:02pm
The potential certainly adds value Nf
Comment by
cnynman on Jun 22, 2024 6:16pm
PH is less risk???? It has just entered chapter 11. How is that for risk, Fluff?