Post by
DaveG999 on Oct 16, 2021 1:01pm
OM- cheapest stock on the planet
So using their PEA - that used $1.15 lb. zinc price after tax NAV C$ 500mm, all in costs of 82 cents lb. At $1.60 zinc the NAV must be close to double. Yes, OM went up 9% but must be way way higher before raising the capital to proceed. So s good FS could mean this stock is ten bagger.
Comment by
glory7 on Oct 16, 2021 1:11pm
Yes with the increase in zinc price it gives people a chance to dump to Bob at .40 LOL.
Comment by
DaveG999 on Oct 16, 2021 1:30pm
The mine will be built. Shares muat be at least $2 to do so. Why do you think he's buying?