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j1nxed

11/06/18 3:18 PM

#1539 RE: Revello #1538

Their margins are razor thin for a junior with their burden of debt! I wouldn't really call their OPEX decent, at a copper price of $3.20/lbs their AISC OPEX rises to $2.33/lbs

Excelsior will be A LOT less!

For their NPV they used $3.30/lbs as a base which is extremely high and adjusting to $2.75 leaves a lot less upside compared to MIN when we take SP into consideration

using $3.25 for excelsior nets us something like CAD $1.3 billion, and no debt and minimal dilution for inital CAPEX


Still ... i think Amerigo is interesting since they are taking tailings and ore from CODELCO!

masslanding

11/06/18 8:08 PM

#1541 RE: Revello #1538

Someones buying...

rubberworm

11/07/18 1:12 AM

#1543 RE: Revello #1538

I have been in this for years. Think I even picked up shares under 20 cents. I think the SP sucked then. I think like you it way low now also.
But I can wait another year or so cause #'s don't lie. This is a killer stock. https://smallcappower.com/top-stories/copper-stocks-takeover-targets/ I have Sama also ... Not saying anyone should listen to this site. But I like MIN ... thanks Buddy for getting me in years back. And Sama I like also. Not so much copper but nickel. Anyway SP for MIN very low. Anyone buying now or holding will be rewarded.