TSXV:FCO.H - Post by User
Comment by
idleSpeculatoron Jun 26, 2004 2:13pm
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Post# 7653163
RE: Do the math
RE: Do the mathThansk for summary yellowline, but be even more interested if you could correct this figure;
"Net value using KNOWN RESERVES and 26$ a pound for cobalt is 506 000 000 (cnd)"
$26 is I presume the cost of Refined Cobalt, not still in the ground that needs mining and refining, which obviously costs.
Anyone care to gustimate mining / refining costs / pound.
I imagine that NAV of assets of company will still come out above current share value.
Idle