our great pipeline.I believe cost tko about 500 million on top of gib. Sh have stayed the course for over a decade waiting for high copper price. We got high copper and give it away.
Imagine if tko never blew the cash and paid debt. Float would still b 150 million. 10 years banked interest would be 150 million minimum.
500 million not spent on pipeline would b 700 million for 5.00 sp on cash alone. At todays 200 million ebitda on a debt free company it would b 5 billion mc. 150 million shares would currently make tko sp 35.00.
Mistakes happen. Selling 20% of the corp for 50 million is not a mistake.
nf