Photo : Thanks for your comments - which I understand!I was simply taking the midpoint in each of your sceneries! and thus the $4- $10 range!
HOWEVER what I didn’t do is put out a WARNING re the RISK assumption regarding the PROCESS,,,!
Thus if you could comment on my REVISED interpretation:
It is important to appreciate that we are dealing with a New Technology:
Thus we have a first hurdle to get over = WILL THE TECHNOLOGY WORK?
This is a new and separate RISK. Which doesn’t apply to most copper mining!
Would you be happier if I simply said :
“Excelsior is subject to both the normall risks associated with the future price of copper, and . In addition it is important to appreciate that Excelsior is employing a new and somewhat untested technology for separating the copper from the host rock.
Thus Assuming that Excelsior can effectively deal with the technology challenge then the estimated stock price should fall between $4 and $10. Per share in the next 4 yrs”
Is this a better categorization of your comments?
tx
Rock