RE:RE:RE:BKM mine valuation UpTown Dog there are a lot of variables as well as exit options.
One area I trust John to do a good job in is to sell. He is always selling.
Once we get the permit I think we will have a number of interested parties and hopefully a bidding war occurs. The price of copper may go up or down short-term, however long-term my opinion is that there will be a shortage of supply and he price will go higher. How much higher I do not know. Keep in mind for every increase of $1 US dollar, the NPV of the mine increases approx. $1 Billion or $50 per share, as $1 a pound nets approx $2 billion over time.
in 2019 and 2020 mining companies were selling at a premium. Hopefully hat continues.
I do not know how long it will take once we get the permit to get bidders lined up.
I do not have a number in mind.
I have been waiting almost 2 decades and the thought of $200/share might make me lose it and so I do not focus on it.