RE:RE:RE:My take on the latest Crux interview Arrow and Sooner at least listen to the same interview and come to the same conclusion. I've stated $6 usd as target for some time now...heck even Paul states something very similar. For those saying we will sell below 30% of NPV at long term metals, please go back and listen to the interview. Not going to sell below $550M usd ($3.6 usd)....not going to happen. Bod would just continue to hold asset for next metal run up. For those claiming greater than $2B ($13 usd) same story. Not going to happen. It would take Newmont or someone else coming in to bid it up. I don't see that in the cards although a possibility I guess if metals slowly start going up and maintain elevated levels long enough.
$6 usd per share is $900M ...as Paul states a win win. Even if metals go up ...you cannot make long term price assumptions on short term spikes and instead most likely the NPV is going to assume lower long term trends in the negotiations.