GREY:PTQMF - Post by User
Post by
wwadehammeron Dec 03, 2013 9:40pm
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Post# 21966610
What's It Worth to FQ?
What's It Worth to FQ?That's the big Kahuna Paul. What is it worth to FQ. Well you can list the benefits to FQ but it's hard to put a price tag on each item. Number 1 - can use the land for anything they want with no interference from PTQ. Number 2 - Own all the gold and copper in 824 square kilos with NI 43-101 on Molejon, Palmilla, and Bojita with a gold processing plant up and running, who knows what that's worth. Number 3 - Get all the aggregate to build needed roads. Number 4 - Own PTQs and PDIs work force, handy when starting from scratch.
Is all that worth $300 million like Progafa says? When you have to invest $6 billion just to get started, an additional $300 is only five percent and is within your contingency amount of $600 million. To me, this looks like a no-brainer.