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chris12

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chris12

Re: None

Saturday, 05/06/2023 6:22:25 AM

Saturday, May 06, 2023 6:22:25 AM

Post# of 66
Almost de-risked now. 11 million tons of MAG. At current MAG prices, I could be wrong but I believe after tax NPV is around $2 Billion CAD. That is more than 4-5 times initial full mine capex. Very compelling ratio. A Major could pay many multiples of current market cap and pay for the acquisition with even one year's cashflow :)
Bullish
Bullish
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