RE:RE:RE:RE:IVN UP +1.3% at this moment and garbage stock TKO's 100%-owned Florence Project (Arizona) 43-101 Technical Report:
Annual Production: 85M pounds
LOM: 22 years.
After-Tax IRR: 47%
Payback: 2.6 years
LOM Operating Costs (C1): 1.11 USD per pound
Yep, a "tier 2/3 asset" if I ever saw one.
Current Market Caps:
TKO 563M
IVN 18.9B yet only owning parts of three projects (40% of K-K, 62% of KIP, 64% of PR) plus the undeveloped WF.
1 IVN at its current market cap can buy you 33 TKOs.
Wonder which one is a better value play going forward.