Post by
nofluff on Dec 19, 2020 12:13pm
Word on the street
is that copper will b steady up to 4.50 a pound within a year or 2. I think they sell short the reality. 4.50 copper adds 300.00 to a large ev.
Will they quit buying copper because of that?
6.00 copper gives 8.00 cads. That is 2.50 eps. Would b 2.80 but we gave away 12% of the corp for 35 million.
I worry about ones that mathematically challenged making anymore deals.
The takers r sure grinning though. Already almost doubled there investment.
Anyways, perhaps the gov.will back florence financially and do a double size if copper so scarce.
With copper at 4.00 gib share should b on track for 350 million ebitda per year. Even with a lack of trust, tko should b headed to 10.00 by 2022.
Add in some florence love possibly and other insitiu value and we could c a 20.00 bill within a year.
All guesses though.
Thats why I swing baby swing:))
nf
Comment by
nofluff on Dec 19, 2020 1:23pm
More street words. Bidens man says mine permitting will likely b fast tracted if deal done to supply green machines. At 4.00 copper flor npv is way over 1 billion. That should mean 100 million for each 10% jv. If it is tesla, they likely get a 50% discount. I am getting used to that:)) nf
Comment by
nofluff on Dec 19, 2020 1:34pm
So my guess. No epa permit until jv done and biden crowned. The last pumpentation said financing in place before year end. So we could b talking this week. 2.00 cads 4 sure if that happens. Powder shack empty again:)) Need a nice swing. nf
Comment by
JCSunsfan on Dec 19, 2020 9:44pm
I thought they said EPA permit in place before the end of Q1 2021. Financing in place before EPA permit.
Comment by
nofluff on Dec 20, 2020 5:24am
Just checked presentation. Financing to b done 2020. Permitting early 2021. nf