so if we say just $7000 per tonne, and a million tonnes, (some even say 3 mill tonnes) and MS says it will cost a third of that to produce,
that works out to $7 bill, and $4.66 bill profit, but isn't Pensador paying for production.
But anyway $4.66 bill is not bad.
They are building a 20k T per year plant, so that works out to be $140 Mill revenue or $93 mill plus profit per year, just on copper.
or if Pensador is paying for it that makes closer to $140 mill profit, per year, for a lot of years, oh and then there is that crappy gold that was getting in their way while biulding the roads,
$93 mill profit just for copper, more than current market cap.
what would someone pay for that alone
and some still wonder why they manipulate it to try and get your shares cheap.
Now isn't this thread better than the rubbish the ratbags pump out to try and get your shares on the cheap.
CVI Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held