RE:RE:Buy ARTEMIS instead of I80.....I just threw out 10 years...wasn't trying to be precise just making a point that it's a long time until this potential is reached. In contrast to Artemis producing in under 18 months
I'm aware of the warrants and yes that could well be an overhang much like I80 has but most are held by the same management that owns 40% of the stock so I consider that in strong hands
I used fully diluted shares in my estimates so that includes the warrants. The cost to build is locked in and fully financed and the sensitivity tables say that it accounts for the silver stream to Wheaton
I'm using the current price of gold because that's what it is and what the NPV is at $2000 gold and 5% discount.....I don't care about phase 2...I won't be around that long