INflation and replacement of GIBIf I look at the price of equipment, especially new prices, there has been a 2 year shortage of production of all types of production equipment we could say the replacement cost of Gibraltar is likely significantly higher than it was 2 years ago. 1.7 Billion USD is my best guess. Gib has run throught the entire copper cycle producing cash flow consitently without any down time.
The value of Flo is 1 billion for an early investor taking part in the risk of starting production who also recognizes the value of low carbon copper. WHat is this worth? 10 percent? 20 percent?
TKO has 150 million invested in NP. Dead money for now but the asset is spectacular if the Chilcotin band ever decides that money is nice.
Aley has 50 million or so invested in it.
YMI has another 50 million or so.
Add it all up less debt of 420 million and the 75% share of GIB Not hard to see 6 to 7 dollars Canadian in the near term with copper at 3.80.