RE:RE:RE:RE:RE:RE:RE:RE:Lynn’s AppointmentNot likely imho. So after 12 years Cuu went from a market cap at its high of around $400M to around its current value of $135M and has stayed around there for the last few years whereas DSV went from a relatively unknown company 5 years ago with less than 100M market cap to a high of over 700M at its peak to around 340M today. I would say DSV has far outperformed Cuu and will do so going forward. 100M is the bank, full FS comming in early 2024 with a production decision also in 2024. When this comes out DSV shares will be rerated multiples higher than the current sp. With a NPV at 1.2B at least a $3 US/sh rerating and if Ag prices go up from here $5 - $10 sp is possible imho.
Cuu has less than 1M in the bank and this limits any further developement of any of its properties except for SC which Teck is slow walking. Unless something changes to enhance SC drastically ( blowout grades etc.) nothing will change. Teck will continue to slow walk and may even decide to pull the plug. So at this stage NONE of its properties can be sold for much IMHO. The talk about selling CUU or SC has been ongoing for the last 10 years and nothing has come out from this fantasy. That's the reality CUU faces MK! All your hopes depend on a sale of SC and so far it ain't looking good!