copper - will it test 4000 again?, page-10

But Boomer there are now twice as many shares on issue.

By my reckoning they have got about 10 years at 50m a year in cashflow. Discount that for time and sovereign risk and its worth around 300M today.

Thats 10c with 3 BILLION shares on issue.

I liked it better with the project financing in place. Why would they get rid of that. The LT financing was already in place so no need to renew. Diluted to death!