Inviting all gurus to share thier estimate
on this specy
I am a novice and this is my understanding of FML profit petential, please correct me if I am wrong
Gold 1.6moz ?
Nickel 13kt ?
production cost: 500$/oz ?
Gold profit/OZ: 800-500=300
Nickel profit:13k *22k=286m
Resource base(RB):[1.6m * 300] + 286= 766m
Market cap(MC): 1250m* 0.05 = 62.5m
sp potential=RB/MC * CMP= 766/62.5 * 12.25 = 0.6125c
resource estimate with production cost
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