Post by
nofluff on Feb 10, 2021 5:09am
today
should b go time. Closing of 400 mill u.s. Or maybe more. Perhaps upsized permit as well. Copper at 3.75 should add fuel. That is 5.00 cad. That is about 600 million epy. 2.00 eps from the 2 mines.
That would give us a 40.00 sp without pipeline value. Unles u have a better spot for the cash, it will be tough 2 swing tko at these prices. Easy out. Tough 2 get back in.
nf
Comment by
nofluff on Feb 10, 2021 5:46am
So with only gib value in aug with copper at 4.00 cad, tko was at 1.00 cad. Copper is at 5.00 cad now. That is an extra 30 cents plus per share. 30 cent eps should give tko an extra 6.00 sp. Florence now adds big value. How fast does sp catch value is the big q? nf
Comment by
JCSunsfan on Feb 10, 2021 10:35am
It should be that much more, assuming production levels and costs are the same, which they have not been. still this is undervalued IMO.