RE: cost Caspiche&CC $13.2 B LOLGees,
You are compairing apples and oranges
of those company’s you have listed how many have over 40million gold oz equivalent resource?
Where do you get these interest figures from 25% interest? As stated before they are not putting the thing on their American express!
You also forgot to mention Extorre in your list
Yes the caspiche project is inferred and indicated, but there is no way to build a project without going through those stages, it has only been drilled for the last 3 year and building a resource is not guess work.
The Caspiche project is still expanding, as can be seen with the 23% increase from there last resource, this is probably why Exeter has not done infill drill to take caspiche to proven yet.
When the project is worth more that 38billion dollars in situ, minus you 7.1billion
Leave you with a profit of over 30billion dollars
I am sorry but no calculation you try to put forward can not be simpler than that
even if it does blow out to your ridiculous figure of 14billion you are still making more than 200% on your investment and i think anyone would be happy with that
maybe you should go back to 3rd grade and possibly attend some maths classes