Post by
sweetbabyjesus on Apr 26, 2021 9:30pm
Rolling
Any price target estimates in here?
Comment by
aYozzz on Apr 26, 2021 10:16pm
Extending the old Caesars NPV calc from 2019 for today's price... NPV8 at $4.50 copper using the historical work is $4.2b USD. With exploration upside, and 3D IP confirming the deposit is much bigger this has alot of upside. The real question will be what % will a major pay.
Comment by
Basketfan on Apr 27, 2021 11:00am
7 - 14 or more Dollar ?? off 2 Years
Comment by
twaver on Apr 27, 2021 11:06am
I would think 12 - 18 months. Two years until sale was a few months ago. Hopefully we are staying on track here.
Comment by
auricgold on Apr 27, 2021 11:44am
I saw Q1 2023 8 to 12 CAD.
Comment by
Overertune on Apr 27, 2021 6:13pm
Why wait that long for buyout? Isn't it better cheaper for majors to buy out early?
Comment by
zins on Apr 27, 2021 6:56pm
It's probably too risky for a major before drills have hit the ground and an updated feasibility study is done. Sure they pay more but it isn't the CEO's money. If he/she takes a chance and it turns out to surprise on the downside that's looming unemployment from a cushy gig.