Member Info for bonker99

Morning.

Could be breaking here @ >29.5p

Nobody takes an NPV with a 5% discount seriously lol

Agree that Cascabel has many aspects to suggest a stronger percentage of the PFS NPV (not least the comedy low prices used for Copper/Gold etc compared to today's prices) but with respect, you have zero chance of yielding 40%+ without a DFS and that typically yields 30%. The sensitivity analysis in the PFS should inform you of what the likely NPV is on today's numbers which is obviously far higher than when published - if you mean you can get 50%+ of the original NPV based on the numbers used back then then, yes, you're probably right.

There's little point pointing to extra resource in the ground - if it hasn't been costed in at least a PFS then nobody has any idea at all whether it can be retrieved or for how much money and it would only receive very lowball numbers in a "finger in the air" guesstimate.

Come up with something like an accurate NPV based on today's commods prices and as sure as eggs is eggs, it'll go for 15-20% of that number.

Unless they do a DFS and/or the buyer is willing to stump up serious cash for the other 80% of alleged uncosted resource.

2%+ Copper mines are Hen's Teeth these days ...

I think you'll do better at ATYM but GL.

Selling for c20% of the PFS NPV is just a touch above the typical number - apply to Cascabel as you see fit but you've gotta use today's Copper/Gold/Silver numbers ...

80p+ sorry

Morning.

Nice news, looking forward to moving to the development stage of this behemoth Cascabel project.

Re BHP and others - lets see how silent they are with Copper @ $8/lb which you'll soon see - that'll likely put the lowball PFS NPV valuation here at 50p+

Make hay IMO and stay patient.

Nice drill grade intercepts.

Higher.

Much, much higher.

It'll come.

Perky.

Nice of them to keep the price down for us.

Added.

Copper @ $5.5/lb (heading to $8 IMO) on back of Trump's 50% Copper tariff.

$3b of resource in the ground here marked to market at under £4m - surely this has to be worth thruppence?

https://x.com/bonker99/status/1942658026848104532

Must..have..inflation..

Trump 50% tariff on Copper.

See you in the morning ;)

https://x.com/bonker99/status/1942657720043057164

Keep watching chap!

https://x.com/bonker99/status/1942657720043057164

Interesting @ 6p.

Interesting move.

Intraday hinting at more news tomorrow perhaps.

@coejunkie - purposely squeezing out the little guy - it's actually illegal to do to boot.

I take it as a bullish sign that they're willing/need to do that ...

Where we are right now doesn't necessarily have any bearing where we'll be tomorrow ...