SVY 3.45% 3.0¢ stavely minerals limited

Ann: Cayley Lode - Another Monster Copper-Gold Hit, page-73

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  1. 401 Posts.
    lightbulb Created with Sketch. 53
    Hey @Kalenn last year you did a pretty good rough estimate on the resource. I was wondering if you could share your thoughts on this now given so much has changed?

    My notes:

    --- Price of Copper was around $5000 a tonne in May 2020 and is now around $8000 a tonne ( 60% increase ).

    --- Would it be as simple as adding 60% to the price based on the above numbers? Giving you a share price of $2.12? this would be huge as its ONLY based on the shallow resource.

    --- What would be your calculations now be with what we know? And what does the added gold found do to your price? ( I know we only have very limited information regarding the gold. )

    Would begreat if you could share your thoughts on your rough numbers again

    Cheers

    Trifke

 
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