RE:RE:RE:RE:Why JVKentWilkens wrote: Nf, sometimes your math confounds me. The npv of florence is 920m usd with cu at $3. How is selling 10 for 80m a good thing? KW
nofluff wrote: 80 million u.s for 10% is fair. It would value flor to the up. It would free up gib profits for np and ymi. Previous plan was to build flor to production. Then ymi.
Then np.
That would be 10 years until np producing. So with current copper environment my guess is that they will fast trac np and ymi.
The world wants copper now. Latest paper presentation showed gib lom at 136 mill pounds yearly. I think flor will b upsized to 125 mill. We can show permitters we have the cash to do it. Both ymi and np upsized to 150 mill.
So u r talking 550 mill pounds. That would b 2.5% of world production.
10.00 a pound coming.
nf
It's not, doesn't mean they won't come in with a deal under fair value. We just have to live with whatever they come up with.