Copper Panel hosted by 6ixSo i watched the interview - I thought Paul did good job of explaining the project at high level.
The one thing I really wished he would stress more and really drive home to investors is the fact that:
1) WRN currently trading at a valuatoin that implies Casino will not become a mine for 20 years (if ever) but that Management is confident that we are getting things lined up to prove them wrong
2) Hit home on the fact that at current spot, we are trading around 5% of NPV from prior FS - of which we expect to become more like 2-4% with updated PEA /FS once released (surely they are smart enough based upon prior work to give high level guidance.
3) Translate our in ground valuation to close to $100B - and again hit home the fact that we are trading at around 0.7% market cap to that
4) Highlight typical copper costs per lb average $0.04 - $0.10 on recent transactions - we aren't even at $0.01
5) Challenge the audience to find any company whose market cap is trading lower relative to valuation metrics
I mean the other presenters (Trilogy Metals) trading at $330M market cap and NPV at spot = $2.2B (and they had capex of > $1B i believe). That's 15%....or about 3 X WRN valuation. I didn't check on Kodiak....but likely the same story. Maybe i'm missing something on those???
I've challenged everyone on this board to find better valuatoin than WRN ...and at this point i've been given nothing....zero....nada. Our valuatoin should speak for itself but sometimes we need to do the speaking and i just think Paul needs to hit that home more strongly and showing the world he's sitting with a Full House and no one has cards better than him from a valuatoin standpoint IMHO.