RE:RE:RE:hey jcJCSunsfan wrote: JCSunsfan wrote: So. You want them to pay $80 million for 15% and then pay 15% of the capex? That would be an extra $35 million. So $115 million for 15% of the finished mine.
Can you sell that? Rights to 15 million pounds of copper per year at $1 a pound. At $4 copper that's $45 million per year cash flow and a 36% ROI. Payback in 2 years and change and the rest is gravy.
Hey why don't we all throw together a little cash and become the JV PARTNER ourselves. I could use the cash flow.
I think I could scrape together a cool million USD, to buy a $360,000 per year income for the next 20. Yeah, I would do that. Anyone else? Here we are Stu. How bout your stockholders.