Post by
Thisisfunstuff on Jun 02, 2024 10:56pm
30$ Canadian
EXGeo at 80% recovery that leaves 1 mm oz Au worth 2.3 billion USD undiscounted before taxes etc etc. lets take a look at the copper value. using same 20 mm ton MRE, 2 % Cu , would give you 800 mm pounds of Cu, at 90 % recovery at $4 / pond Cu that would be $2.59 billion USD undiscounted etc etc. Au and Cu value combined is $4.89 billion USD. $300 mm to put into production leaves $4.59 billion USD. Divide that into 200 mm shares gives an undiscounted before taxes etc etc of $23 USD per share.. I think my math is correct.