RE: Sad times30 Jul 2019 17:12
Jeremiah, 30p per share worth of copper yes but once extraction and processing costs are considered your not left with much at all. For instance we have 3m ounces of gold worth upwards of 4bn yet is our share mcap worth 4bn? Obviously not it’s worth a fraction due to the costs associated with getting the good stuff out of the ground. 270m worth of copper isn’t going to propel us high we need billions worth to repeat a SOLG.