RE:SpinCoCurrent NAV of SpinCo based on gold price at $1,900 is $170M US as per presentation
SpinCo will revalue closer that and beyond as deal closing time approaches and drill results from FC are released. Further to that I am expecting a much higher production at FC in 2025 after third leaching pad is added this year. Time will tell but it won't be $.06 cents once it starts trading, probably closer to $.15-20