RE:Copper down! CS steady! What percentage of Santo Domingo do you guys think Capstone will be able to keep?
In my opinion, if they can lower capex to 1B by sharing infrastructures, this would increase the NPV accordingly to 1.5B (without considering cobalt).
Therefore, imo, fair selling price for 20% would be anywhere between 210M and 300M. If they can find a way to finance the remaining, they could keep 50% of this cash cow!
What would 50% do on the SP? Santo Domingo (100%) will generate about 500M of profit per year per the latest numbers.
I think it could propulse the stock above 5$ once in production. Any other thoughts?
MoneyK