RE:Re Re The FlorencePooperminer wrote
Weighing in here, like to refer to Brian's presentation. There, Brian said that at $3.00 copper the Florence has NPV of over $600M, and at $3.50 copper the Florence has NPV of over $900M. So it looks like for every .25 cents in copper price upward momentum, the Florence gains NPV of $150M, and at .50 cents, Florence gains an NPV of $300M
We are now looking at $3.58 copper heading to $3.75, so that makes Florence's NPV just under $1.1B and growing.
Number one target, The NP. Mine build estimate of $1.3B, one of the world's 10 top undeveloped Gold and Copper mines. Source of $1.3B for mine build, trade the Florence
Number two target, the Yellowhead. Got the Yellowhead for a song, mine build thru a Florence trade, essentially get the Yellowhead built mine for the cost of the Florence.
Starting to shake here, Oh Boy!
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A few weeks ago TKO sold 13% of Florence, Gib, NP etc, etc, for $30 million which valued the whole company at aprox. $250 million which Pooper says was a good move.
And now all of a sudden he says Florence alone is worth $1.1 billion. So either TKO got royally shafted in the private placement they just did or Pooper is a delusional pumping fool.
My bet is the latter.
Go Copper