RE:RE:RE:RE:RE:New deck on websitethank you Anchor, I think we will be at above 3$ in 2021 for copper prices so if the 1 billion $ value still holds, we could be at 3.5$ at that value. How long will it take to get a buyer at that price is the million dollar queston. I am still hoping for 50 to 70cents end of 2020, 1.25 end of 2021 and 2$ end of 2022 when hopefully we get taken over. I dont think caliche is being realistic by saying we wont be around in 2021. There were so many predictions, and look, we are still at 30cents. from 30cents to 2$ in 2.5 years is still a tremndous return. Again this is why we invest in risky mining plays, high risk high reward.
AnchorValue wrote: there is evidence - the old bateman report.
not sure why RFC didn't feel comfortable using the old resource estimates, and that Caesar's did when trying to protray value - but likely because RFC is prolly closer to the company and is faciliating financing discussions (or atleast was pre-covid ... not sure if they still are), so they are erring on the side of caution.
seek out the Caesar's report. They've esimated that the OCO mine is worth $1bn - how much of that value we eventual realize is the ride we're on.