RE: What a carry on22 Jul 2020 12:14
At a share price of 5 pence each our market value is around £1.6 million, so I had a go at putting a value to the asset in todays prices.
830000 Tonnes of Zinc = £1427859914.00 ok thats £1.4 Billion
570000 Tonnes of Lead = £821116578.00 thats £827 million
14,000,000 ounces of Silver = £217895825 thats £217 million
Total = £2466872317 £2.4 Billion
Sources from London Metal Exchange and the Europa Metals website
The market values Europa Metals at 0.06% of the asset in the ground apparently.