I think the market is underestimating the value of T3 and the value of the company. Below are estimates of PFS vs possible DFS figures just for upgrading the volume, grade and throughput for the latest JORC announced in July.
Changes have been made to mining and processing costs so PFS figures don’t all align to that released earlier in the year.
Point of the post/figures though is what impact the increase in grade of Cu (+12%) and volume (contained Cu +91%) can have on project metrics. If you assume a 50/50 debt/equity funding, this project on its own is well north of $1 per share.
Rarely do you get an opportunity with significant exploration upside with a SP that lingers below the value of the resource already proven via JORC.
[ATTACH] I think the market is underestimating the value of T3...
Add to My Watchlist
What is My Watchlist?