Those numbers look very familiar...have not checked back on my old post, but reckon they would not be too far off.
In the long run, I reckon the "province" will yield far more Cu...but I guess that provides the future upside.
Gold at Catabola is a big qestion mark, it could double relatively easily depending on results from drilling, such are the variable natures of high grade distributions such as this.
Your numbers do stack up however, as I susected.
encore...
Simple answer to the dilution issue...if the valuations being discussed result in the options being well in the money, then they should be included in any fully diluted value models.
If they do not, then one has the option of ignoring them.
CHeeers!
CVI Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
