Lucas Don Velor
Regular
Extremely hard to place a dollar value... a good 'rule of thumb' is 1-2% of inground valuation... many unknowns i.e. current size of resource + unknown extensions, current/future pricing/inflation, current supply chains in place ??? (this IMO is vital to the bottom line i.e. Lobito corridor and China Dar Es Salaam route)... we know the resource is worth billions upon billions on LME, however, how many billions is it worth now? No idea!I’d bet you anything that the majority of holders would take $1.30 to walk away from all this. I’m sorry to those who Bought in above. Speculative market, not a real market, real market, what’s in ground minus cost of getting it to market looks more like $4 yeah?