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Ann: IDENTIFIES 2.4KM LITHIUM-CEASIUM-TANTALUM GEOCHEM ANOMALY, page-61

  1. 4,151 Posts.
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    MQR share register in my view is rather tight. Directors hold a significant amount if i'm not wrong. Approx. 35%.

    Putting aside how the SP is unfortunately manipulated by bigger players, we saw what a tight SOI can do to a stock from how CNB moved on any positive news.

    If i may do a rough calculation with my newbie understanding of valuating a copper mine:

    By using old 2007 figures of 30.07 million lbs at a Copper price of say $4/lb (conservative 6 months low), this project should be worth $120 million without factoring in logistical costs and without adding in the value of gold.

    Once again, anyone please jump in if my calculations are flawed.

    https://hotcopper.com.au/data/attachments/3986/3986086-6dda3b34f76270da815b680d083203e9.jpg
    These are all in my opinion and not financial advise.

 
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