Aug. 20 at 4:42 PM
$PSRHF Adding to the post about TGB, Florence is not your typical copper mine. Utilizing the “in-situ” method similar in uranium mining, the project is 100% “green”: no open pit, no heavy equipment, no hydrocarbons. Everything is done underground by simply rinsing the ore field with a .05% hydrogen peroxide solution and ultimately electro whining the stream to separate 99% pure copper cathode. The C1 to obtain the copper?
$1.11 per pound. With copper currently at
$6.50, due the math and multiply by 85M (annual production starting next Q, full ramp) to understand the company will be profiting over
$400M per year from this one mine for the next 22 years. But, but, but…naysayers were aplenty all along the way. Lots of small investors bailed, even though the science and numbers were proven, yet they bailed and missed a 10x+. You see, their share price was .27 cents during Covid and
$1.08 in 10/23. Not an exact analogy to Pulsar but close. The potential here is staggering.