I don't know. I asked this before and no one answered. Does anyone know if they generated any revenue from their mining project?
The company holds exclusive 50-year mining rights and projects annual production of 50,000 tonnes of copper concentrate, with an initial 10-year mine life processing 500,000 tonnes annually. With a technical value estimated at At $123.5-200 million, Hiru Corporation is strategically positioned to become a significant player in the global copper market, particularly supporting the worldwide transition to renewable energy and electric vehicles.
They record 47 million in Intangible assets. I assume that is based on their their mining rights. But if they are not and I don't know (?), generating revenues from the mining then what are those rights really worth.?
AI
