Back of the Envelope NPV CalculationAt $2.75 copper per MIN's Investor Presentation the NPV at a 7.5% discount rate is $730 million.
At $3.575 copper (as I write this) NPV is $949 million.
As noted by Photo, lower that discount rate and the NPV exceeds $1 billion plus.
Currently trading at approximately 21% of NPV at current copper price and 7.5% discount rate.
Can you say "undervalued"?