Coffee saleSo i'll bring it up again -- assuming Coffee should sell for no more than $40M --- right?
I mean if i recall it's about a $400M capex and about $400M NPV based upon FS (and that was at 5% discount factor rather than 8% used in WRN FS on Casino!).
So 10% of $400M is $40M. I think we are trading around that level.
I believe Casino (Phase 1 FS) is about 7 times gold equivelent...so our market cap should be $280M or $1.7 USD right now if Coffiee sold for this hypothetically!
I realize it might be 3 years before Coffee sold haha....