Not on the current MRE - at present we have only 315,000 tonnes of Cueq defined. This is roughly about 4lb of copper per share( based on 171 million shares quoted).
At current prices this is about Us$20 per share in ground value.
Normally the company is valued between 5% to 10% of in ground value if resource is economical to extract (scoping study should tell us how economical it will be).
so at 5% we can get US$1.00 per share
at 10% we can get US$2.00 per share
so between $1.50 to $3.00 per share at present till more resources are defined.
of course the share price will vary widely depending on myriad of other market forces.
Not on the current MRE - at present we have only 315,000 tonnes...
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