Fantastic PEA. One of the better junior miners in the copper space.
@kqh123
Ай бұрын
Oh, and I loved the CEO's book, The Wealth of Nations!
@davidlane9103
Ай бұрын
Lol
@MrAsteba
Ай бұрын
Those are very good numbers.
@rocktman81
Ай бұрын
If you want to sum up the investments thesis in just ONE sentence from this video, listen around the 13:35 mark. The company is currently trading at less than 5% of the net asset value from the PEA, and most acquisitions take place at roughly 40-60% of the net asset value. So, that's roughly 8-12x potential return on your investment. That being said, some modest further dilution down the line to drill some more holes might knock that 8-12x return down somewhat, but even a 6-10x return, for example, would be an amazing return!
@ts8960
Ай бұрын
what's the potential upside for the share price if the company gets aquired with current NPV ?
@theresasaso2732
Ай бұрын
They have coverage with a 12 month target at I think $2 (I think the link is on their website) which will be updated soon given the updated PEA, but you can do the math. Even if copper stays where it is, at the current share price it's a 10 if not 20X. The question is not "how much?" but "if?"
@ts8960
9 күн бұрын
@theresasaso2732 true. Ive done the math and i invested a big portion, i think oroco is around a 10x guaranteed
@ceocafilm
Ай бұрын
Learn more about Oroco and join the CEO discussion at ceo.ca/oco.
Пікірлер: 9