just crunching some numbers they have over 18.5 billion dollars worth of copper in the ground and and 10.5 billion worth of molybdenum. Massive!! 29 billion dollar resource in todays numbers. Currently working out the pfs on under half the price of todays copper price, so tomorrow if the price crashed it will probably still be feasable.... Its in PNG, so what, iv been there and its not too bad, even met the (dodgy) prime minister. Looking for a 2011 start-up, hopefully they will be able to develop this resource on there own with a bit of careful planning.
DYOR and dont listen to me! i know nothing :)
- Forums
- ASX - By Stock
- todays prices resource worth29 billion dollars
just crunching some numbers they have over 18.5 billion dollars...
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)