Comment by
EndZonefor7 on Jan 06, 2023 10:49pm
Good way to look at it. A producing Texmont for $140 million revs will give us at least $5 ballpark value for starters IMHO. This is a game changer for increased valuation once the financing gets worked out. We may get caught off guard with markets recovering faster than we thought after today's inflation news possibly nearing the end of rate hikes.
Comment by
EndZonefor7 on Jan 07, 2023 2:00am
That $140 million US$ would be $188 million CDN. Not too shabby for $4 million outlay and a $50 million CAPEX financed by a strategic partner.