mkt cap vs igv

Just thought I would post a table showing values of Share price & Mkt cap as a percentage of In ground value. The three scenarios are 25Mt, 50Mt, & 100Mt assume a grade of 2.0% Cu equiv and a Copper price of USD6000 per ton. I have fully diluted the Mkt cap assuming all oppies will be exercised.

SP MktCap 25 Mt 50Mt 100Mt

$3.00 $273 6.8% 3.4% 1.7%

$4.00 $364 9.1% 4.6% 2.3%

$5.00 $455 11.4% 5.7% 2.8%

$6.00 $546 13.7% 6.8% 3.4%

$7.00 $637 15.9% 8.0% 4.0%

$8.00 $728 18.2% 9.1% 4.6%

$9.00 $819 20.5% 10.2% 5.1%

$10.00 $910 22.8% 11.4% 5.7%

$15.00 $1,365 34.1% 17.1% 8.5%

$20.00 $1,820 45.5% 22.8% 11.4%