Nov. 10 at 4:25 AM
$SLSR If SLSR becomes a take-over target (tier-1 copper asset in a favourable regime), consider this math:
• Assume a mid-term acquisition at a 3–5× P/NAV premium (given large scale, strategic copper).
• Warintza PFS NPV8% post-tax ~
$4.6B USD.
• 3× → ~
$13.8B ; 5× → ~
$23B implied valuation.
• If shares outstanding ~500 M (example) → share price ->
$27.60→
$46 (usd) base from acquisition math.
• Add generous premium for bidding war or exotic hold-co structure → could stretch into the
$50-
$70+ range.
• With copper price surge or faster production schedule, upside could go past
$100/share in pure “monster run” mode.
