GREY:NEVDQ - Post by User
Comment by
nofluffon Jan 11, 2023 1:05pm
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Post# 35216175
RE:RE:RE:RE:RE:RE:morningstar
RE:RE:RE:RE:RE:RE:morningstarMuch obliged 3. At full ramp which will b quick on mill start. 5000 tons per day times 3% equals 60 pounds times 5000 for 300 thousand pounds pure copper per day. At 7.00 cad per pound and even if c1 ran at 3.50 cad. That would leave 300 thousand times 3.50 for a million per day earnings. That is 365 million per year for 3.5 dollar sp at only 10 times earnings.
Then u add in the already permitted op that compares to 6 flors already established insitiu value of 1 billion dollars and you add 6.00 to 3.50.
That is 9.50 sp.
That is just back of napkin math. But I would be happy if it was more or less.
I recently started buying b warrants as well.
nf