Post by
Sartos1 on May 17, 2024 8:30am
I would never accept offer under $5.00 for my shares
Actiual value should be arround $616,000,000 US wich is arround $840,000, 000. Can
30 % of the NPV at $3.85/ lb copper eq. (see last PEA)
$2,054,000,000.us X 30% = 616,200,000 us arround $840,000,000 can ( $10.00 SP)
or
$0.03 / copper eq lb
16,000,000,000 X .03 = $480,000,000 us arround $650,000,000. can ( $7.70 SP)
So between $7.00 and $10.00 should be reasonable offer.
Copper price is going higher and drilling is comming soon wich will add more value.
IMO