ooopssorry my mistake was at the wrong company - it is xali gold.
Candente Copper valuation is a different one, the future is the take-out, I think Mrs Freeze is clear that she want make the same mistake is she made in 2012 again - I am sure she learned her lesson. the longer she waits and the copper supercycle continues the higher the prices and less competition, but if the market realises that the cycle ends, it is merciless with little explorer.
What the final valuation will be will be defined primarily by market forces - copper supply gap at the medium term, and her negotiation skillsshe has two PEAs one large scale 110000 topd from 2013 and now one environmental and capex friendly PEA for 40000 topd, both are viable project fitting different size companies potentially interested in the project
I guess everything in the range from 1-2,5 CAD per share is possible
GLTA