There are several methods used by independant experts on valuing mineral license properties.
For starters the tenement must be granted and live this stage has been met at OPuwo
Then is stages of exploration and pre development Opuwo has a resource so goes up to discounted inground valuation stage
However Freeport recently sold an undeveloped deposit in the DRC The Kisanfu property which has a resource inventory of 365Mt grading 1.72% Cu and 0.85% Co which is 6.2 mt copper + 3.1 mt of cobalt. They sold this for USD 550 million for 95%. This was sold when cobalt was 50,000/t and copper was at 4000 USD /t
Copper is now around 9700 /t and cobalt 70000 /t
There are several methods used by independant experts on valuing...
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| Open | High | Low | Value | Volume |
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