RE:RE:RE:RE:RE:Very quietlets see
1.6 bn npv with just copper at 3
3.75 copper gives us 2.86 bn add 12% for gold silver and moly = 3.2 bn
south zone was not included in the calculation so add another 50% being very conservative 4.8 bn
i have no idea how big brasiles is but say its only half as big as north but double the grade.. = another 3.2 bn
we are at 8 bn npv
say only 40% npv for buyout and we are still at 3.2 bn divide by 208 million shares we get $15
wildly hypothetical but possible
that assumes no growth of the north zone and since the IP lit up the south i think that it will grow..
that is assuming we get that far.. once drills start coming out majors will get that sh*t or get off the pot feeling and will be forced to make an offer or watch someone else get 50 years of copper while they go into the woods and find their own
i think we will be $5+ when drills come out
lets re assess from there