RE: Great RNS and maiden resource27 Jan 2021 10:20
I just read this on hot copper and interested if anyone here agrees.
Am I smoking something?
(177000 tonnes Cu @ AU$5-10/kg (say avg. 7.50/kg) +
71500 oz @ AU$2500oz)
x 30% stake
-------------
AU$1.5B * 0.3 = AU$450M
THR has 450M shares on issue,
Value to THR ~ $1 per share, prior to any discounted cashflow.