Duluth Metals Ltd DULMF

RE: ANTO may move FASTA

[GEEE]

So,how 2-3 y faster time would influence the NPV ? or the disccount to NPV?

How much money they budgeted for Reco ? ( EASY $ 1 b ?)
Is that money burning hole in their pocket , looking to be put to work somwhere?
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mtsuit said :
Scotia puts a valuiation of $789mm on Antofagasta's 40% share of Nokomis. Implies Duluth's 60% is worth $1183mm.

TOTAL TM BEFORE NEW., INCREASED RESOURCE DUE IN 1 MONTH = almost $ 2 B
After the est . 60% bigger resource , TM value according to Scotia will be 3.2 b
and DM 60 % = $ 1.9 B .= $ 14 / sh

If this $ 3.2 b TM value will not rise further at time of FS, the 25% CASH DM will get for selling 25% will be
only $ 800m ...right ?
Not so FASTA ....ANTO

Scotia bit lower than my calculations here ( TM $ 3.9 B )
https://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&m=30849847&l=0&r=0&s=DM&t=LIST

"This $ 1.3 b DM value ($+ 9 /sh ) after FS and BEFORE construction at 35% of TM values TM at 3.9 b"