RE:RE:Dan and his $110 per sharesurething1111 wrote: BuccneerIslnd wrote: Min capex $2b for a decent sized mine with mill. That adds 400m shares at todays price regardless if you pay for it or if its worked into the calculation by an acquirer. Now you have 568m shres os x 110$=$57$b
Dan Warren is saying nfg will have a market cap of more than twice aem. And 1.5 x abx, and 1.5 times nem.
You guys should be paying me for injecting a dose of reality on this board.
Bucc of the napkin
Bucco, give your head a shake.......2 Billion for a simple 4-5000 tpd ball and flotation setup? We're not talking a Filo with a minimum of 100,000 tpd throughput.
That's the beauty here, the capex will be a very small percentage of that number and will be accomplished largely by organic methods.
Please go back and read chapter 4 in your Geology for Dummies 101 handbook.
Best
S
Really, well Dan is talking about a 15m oz deposit. From your Introductory Finance course you would know that the npv of anything mined more than 10 years out is about zero. So you gots to hurry up and mine it baby.
Bucco