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+$5b IGV Copper resource coming, page-5

  1. 315 Posts.
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    Renewed IGV upgrade considering current spot price
    10mt @ 1.3% =130,000t
    130,000 x $10,400t = $1.35b USD / $1.65b AUD

    20mt = $3.3b AUD (easily achievable) with over 170,000m historical drilling, worth over double current m/c alone + $4m cash

    30mt = $ 4.95b AUD
    This is not including any silver credits which will be decent as well
    If the bottom end spec valuation is approx 4% of IGV
    Gives current fair value @$66m m/c
    $66m ÷ 151m SOI = 43c per share

    Current s/p is like buying someone a drink when they own the bar you are buying it from
    Cu price will still climb making this deposit valued @1% of its real worth, you will not see this undervalue in the copper game again
    Keep an eye on the stealthy buys
    GLTA
 
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