THB 0.00% 1.8¢ thunderbird resources limited

whichever way staggering, page-10

  1. 1,468 Posts.
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    Most impressed with your figure work 1ronnie ! Apart from looking at a worst case scenario though I also like to have a probable figure as well. Hope you don?t mind if I expand your example along these lines.

    If the resource at VOR came in at a middle of the range 1.350mt it would equate to 2.97B lbs of copper. At a copper price of $4.40/lb gives revenue of $13B over the life span of the mine. Take a more realistic profit margin of 66% and we have a profit of $8.58B which is close to 98 times current market value. At this rate $10,000 of VOR shares could quite conceivably grow to somewhere like $1m in 6 - 7 years.
 
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