RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Video of the road on the Tlicho website !
OK, let me take an uneducated stab at this. Lots of factors involved. However, basically, there is a multiplier based on earnings. So lets start with what the company would sell for once it hits production. We have a 15% IRR on 580M investment (with Cobalt at $16.00). That means 0.15 * 580M divided by 280M shares, or 0.31. You then use the multiplier, say 2 to 3 (not sure exactly what the mining industry uses). That means 0.60 to about $.90. Of course that's with 100% confidence that we will hit production, and we are still speculative. I would say now would be a bad time to sell, and we would only get. 0.40 to .0.60 cents. However, once we get financing, and Cobalt hits 22%, this changes significantly. At that point, we go from .60 cents to say $2.00. Of course if we are producing, then there is no need to sell.