we are not alone2 billion CAD in gold. Throw in the bismuth and you cover the mine/refiner cost and operations for at least 5 years.
Therefore 2 billion CAD cobalt net of costs.
20 year mine life = 100 million CAD per year cash flow from cobalt perhaps with a sweetener if bismuth rises in price.
30 cents CAD per share at current cobalt prices.
12 x multiple = 3.60/share
with cobalt at $ 40 USD
7.00 - 10.00 CAD/share
Is there a gorilla standing blocking the gate to the Fortune Estate?