Originally posted by dc3
This is big. I would expect no less than a market cap of $140m with Kolosori back, before even accounting for Tenement D. In time I may post my reasoning for this along with valuation workings. I just haven't done it until now because I can't see any useful feedback coming back in light of the emotional holders posting on both the excessively positive and negative side.
HC3, they had a PFS on Kolosori and San Jorge in 2016 with a DCF of US190m and thats when nickel LME was down at US10,000 per tonne, I'd guess that number is in excess of US$250m now and thats not taking into account Tenement D or the other tenements they have applied for.