TGS 0.00% 4.9¢ tiger resources limited

What is a DRC copper mine worth

  1. 1,366 Posts.
    lightbulb Created with Sketch. 43
    I've been wondering this, until I just read Freeport sold their 56% stake in the Tenke Fungurume copper and cobalt mine there.
    So 56% of a 225ktpa copper and 16ktpa cobalt operation was worth 2.65 billion dollars this week.
    At that rate Tigers 95% of Kipoi's 32.5kpta and TBA Cobalt would be worth about 385 million dollars.
    US Dollars.
    Hmmm.
    http://www.fcx.com/operations/AfricaTenke.htm
    Last edited by aidoaido: 17/11/16
 
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