GREY:NEVDQ - Post by User
Comment by
nofluffon Oct 26, 2022 9:56am
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Post# 35049384
RE:RE:big up, big volume
RE:RE:big up, big volumeIt is a big deal 47. Very complicated and the guys and gals that funded it at very high costs compared to today are now in where most ma and pops r.
The one deal that is not is not complicated is the tripple flag stream. An additional 35 million cad for 1.3% net smelter on op. So over 25 million for 1% of of op. So the value of op is estimated at 25 million times about 50 for over 1 billion at todays prices.
That money has no bond on ug or exploration ground. So sp will hover until financing closes and tsx should then approve it. Once they are piling ore from the cave blocks, it is as good as cash in the bank. If warrants get exorsized, there will be plenty of cash to restart mill. If not the rich ore will be colateral for short term bridge.
So if tripple flag values the op alone worth more than 1 billion, I will say total ground 2 billion. That is over 1 dollar per share at full dillution.
Hoping to buy more on closing.
nf