Post by seveneleven711on Feb 15, 2023 3:08pm
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Post# 35288170
Approaching Market Valuations for DBG/HAT
Approaching Market Valuations for DBG/HATUsing the following conservative parameters: (would be nice if you had a close friend in the mining business to explain if needed)
1. 350 million ton, 35 year mine life
2.Sc @ 50g/t....USING "45 ppm to 50 ppm" from https://www.doubleview.ca/detailed-mineralogical-study-of-scandium/ and
"The scandium grade of the tailings from the flotation tests assayed 65 g/t" from https://www.doubleview.ca/doubleview-achieves-89-scandium-extraction-from-metallurgical-tests-on-flotation-tailings-from-the-hat-deposit-core-samples/
3. Price of ScF3, $3/g, from https://patents.google.com/patent/JP2021515851A/en
4. Cu $3/lb
5. CUEQ for CU, AU, AG, Co,Pd (exclude ScF3) ~ .5% CUEQ
6. 50 g of ScF3 = 50 lbs Cu in $
7. 50/2000 = 0.025 = 2.5% CUEQ for ScF3
8. Total = .5% + 2.5% = 3% CUEQ using all minerals
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350M tons @ 3% CUEQ = 21B pounds CUEQ @ CAN $0.09 / lb = $1.89B CAN = ~10/share using 180M fully diluted shares and ASSUMING 6 to 12 more months of work on drilling, assays, metallurgy, 43-101 resource...
So what is it worth NOW...in 1 month....in 2 months....3 months... ets
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opinion
4 to 6 weeks from now = .2x$10 = $2/share
12 to 16 weeks from now = .3x$10 =$3/share
some type of buyout offer or attempt coming @ $4/share summer 2023 ( A full EFS needed for $10/s
just my opinion and $1/share any time now GLTA