RE:RE:RE:RE:Implied Copper Price Based on June 16th Stock Price. Well I found that mining kind of has its own NAVPS. See below:
Asset NAV is the value of the company’s assets, which in mining is its mines. This is calculated by projecting each mine’s after-tax cash flows, discounting it by an appropriate discount rate (5-10% for precious metals), then summing its cash flows to arrive at a present value (AKA NPV or NAV).