TSXV:FCO.H - Post by User
Comment by
AyuFanon Oct 05, 2018 8:21pm
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Post# 28756208
RE:RE:RE:Farm1234
RE:RE:RE:Farm1234
I dont think I can tell you the price at this time. My gut feeling is telling me that a feisible study that shows better numbers than the previous one (lower capex, higher reserve, higher IRR, higher NPV ) will get us above $1.
As for financing.. if they get financing and off take from a big company like Apple, GM, Ford, etc (American companies might want domestic supply as trade war seemed to be flaring everywhere). Then price will go up alot.. my guess would be around $6 to $7 (or the expected revenue generated from the mine)... people who are invested in these companies might buy the supplier as well ... and there will be a rally just because of the name... it might rally for a week.. it might rally for a month... or quarter. . Who knows. But I'm sure it will go to some crazy valuation .. I will know it when I see it. (Think LQMT when apple bought their patent rights for specific sector, the stock shot up to $1 and back down to 20 cents within a month.)
If they get a deal with smaller company .. then price surge will be less. Lastly... if they get a bad deal... then movement might be muted.
So.. the equation is x%(6x share price) + % (2x share price) + x% (1x share price) + x% (.70% share price) You input the "x". I don't speculate now as we don't even have the OFS yet. Not worth my time to think about it