Post by
bovalena on Jan 16, 2021 8:44pm
Sleepless in Sweetwater
Well let's try that again. 1% of 400,000 ounces is 8000 ounces x 2000 equals 16 million per year. At 1500 per ounce thats 12 million per year. 12 million for 20 years is 240 million that will need discounting for present value. Current market cap is 120 million. Maybe only a small dose of Lithium! Sorry for the confusion. Wallace
Comment by
reddirt46 on Jan 16, 2021 11:00pm
Last I checked 1% of 400000 was 4000?