Well, it should be back to 30cts in no time. With close to 1 billion shares out after the raise, and assuming a total of 25 million lbs produced over 16 years at 80 usd/lb at 8% discount i get a fair value of 43cts (~50cts before the raise). Lots to change in my estimate such as startup costs, more lbs produced/yr after revised scoping, mine life, etc. so I hope a more diligently calculated fair price is higher than mine.
Note this completely ignores Haggan
Well, it should be back to 30cts in no time. With close to 1...
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