RE:What is 20% of Florence worth now?I believe stuart said they would use long term valuations of 3.50 copper.
So npv would recalc at about 30% more or 1.25 billion.
So 250 million for 20%.
With steel price way up, plant cost will eat all the contingency fund. But sweep efficiency will mean much less initial well field costs.
Since ymi and np r both years away from developement that cash could go into buying back bonds at .% priemium or to paying dividend.
Nf