RE: A reply from Pierre 0.063 If you know how to calculate then you will fnd out the present value of AFA. The present value of AFA is 0.063 cents which is not a real and exact. The real value should be more than 0.063 cents if you take all the ongoing projects in consideration.
1. EPL 3403 shows favourable geology and is adjacent to the largest marine diamond deposits in the world with a diamond resource exceeding 100 million carats. EPL 3403, covers 800 square kilometers and is adjacent to the famous Atlantic One deposit (operated by De Beers Marine), which is known to be the largest marine diamond deposit in the world, with a resource estimated at about 100 million carats.
2. Haib Copper Project Haib hosts historical resources of 4 billion pounds of copper in situ. Afri-Can’s share represent 15% or 600 million pounds or 2 pounds of copper per share on a fully diluted basis.
3. Teck Resources Ltd. is the exploration operator and holds 70% interest in the concession. Afri-Can and Deep-South hold the remaining 30%;