GREY:NEVDQ - Post by User
Comment by
Notgnuon Oct 23, 2021 2:06pm
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Post# 34040936
RE:Napkin math
RE:Napkin mathHa... such a waste... at $9.00 a pound copper NCU might just have to split the shares 5 to 1 again and end up with a float like IVN.
:))
N.
my69z wrote: $20k copper is around $9 per lb. I use $7 max. $2 costs per ton. 7b lbs = $35b. 200m o/s. $4.50 still makes 7b lbs a $60-$70 pps due to "200m". Only today's resources. No expansions. No becoming a regional processor. Will easily qualify for uplisting. So the r/s was appropriate @ the 1/10. Glta!!