RE:How much money are we talking? Many Thanks. Very interesting. Please note:
- $ 2 is the mining cost. Then come the milling cost with G & A about $ 8 per tonne.
- From the result you have to deduct the CAPEX plus contingency of +/- 300m $.
- Gold, copper and nickel credits are not included (fluctuation reserve plus interest payments).
Then the proceeds still have to be discounted. At a PEA 8%. Let's take LoM for 12 years. The taxes are disregarded. Pre Tax NPV about $ 480m. Doubling the number of shares fully diluted by 300m gives a fair value of $ 1.6 per share.
Of which 50% uncertainty = 0.8$ per share or a Tenbagger.
urai58