Post by
mrmomo on Mar 08, 2022 8:15pm
Only 200% notngu....?
Well said Notngu,to the point & clearly stated. BUT imo a conservative & safe view of its true possible potential. Still gave you a thumbs up though for your comments for two reasons. One, it's a very plausible outcome considering the current environment for strategic commodities and two, a little soft pump never hurt anyone, especially if it's the truth.
As for my take & its REAL potential, you have to ask the question in reverse to get a handle of what this asset is truly worth. What is 3B pounds of clean, cheap ESG locally sourced copper worth to someone in a tight scarce demand/supply model? Answer that and you'll get an approximate value. And it's more than 200% from current levels....that's for sure. Anyone want to take a guess?
GLTA