RE:RE:GT gold takeoverPappy
i believe it's $84B - no? 20m gold x $1700 + 10B copper x $4 + $10B silver/moly? Am I wrong . Regardless I think your point is our market cap is only 0.2% of that (or 0.1% perhaps if my $84B off). Also probably around 2-3% of NPV of updated PEA (just a rough guess!)
the NPV also applies a 8% discount factor that is also giving an acquirer a return on their capex accordingly at that rate per year! In addition, the future cash flows don't consider any metal price inflation or I suppose simply assumes opex increases at same rate as metal prices would (inflation in running a mine???). My opinion is some upside on this as well...since we all believe metals will increase faster than overall inflation.
Greatly undervalued indeed...trading as if no confidence mine will be built in the next 10-15 years....if ever.