"INVESTORS CHRONICLE TIP: Buy at 22.9 pence" "Solgold-A Major...

"INVESTORS CHRONICLE TIP: Buy at 22.9 pence"
"Solgold-A Major Copper Play?"
"Tips of the Week Yesterday"

Link: https://www.investorschronicle.co.uk/tips-ideas-/2018/02/22/solgold-a-major-copper-play/

<> Solgold has just tweeted the above article, 43 mins ago, Fri, 23 Feb 2018

Link:

Comment:
Investors Chronicle is a magazine that hits the UK stands on a Friday.
It is owned by the Financial Times of London [To check: Type into search engine: Investor*s Chronicle Wikipedia].

In the said Investor*s Chronicle, they published also the LAST IC View. IC stands for Investors Chronicle [UK].

Last IC View quotes Paradigm Capital, a Canadian Research firm giving an NPV of $1.4 billion , 12% discount rate, 25 yr mine life, copper price $3.1 and gold $1,250.

At the current exchange rate $1.4 billion = £1 billion.

Solgold at 23 pence has a market value of £388 million. Also from the IC table, the highest 12 month price is 47 pence which equates to appox £776 million [£388m x 2 & 23 x 2]

Please check. DYOR.

Fri, 23 Feb 2018