+$700 million npv, stock must be +$1.35, page-77

Thanks for the info @chrisuno. More for me to look into it seems..Mining isn’t my thing normally. So I’m just trying to understand what Suvo 100% owns. Has me confused..

All I could see was Suvo had Exploration Licences and the major area with minerals was private land? I was under the impression an Exploration Licence doesnt give permission to mine? Nor did it mean you 100% own anything? Other than the rights to conduct mineral testing and exploration?

And I just assumed the land owners could ask for more compensation when Suvo look to move into the mining stage?

I also know the land isn’t worth billions. But if the minerals underneath are, you may start asking for more than $50k a year and $2/t for anything sold.

Anyway. Probably a small issue. But causing me big confusion. I tend to be cautious with spec stocks that use terms to make it appear something is a done deal.. When maybe it isn’t just yet. Thanks again