10 cents is the so called "market average" price.

It has ranged from 4 cents a pound to 36 cents a pound at las bambas.

10 cents a pound IMO is the figure where we should start. Then we add on the potential, the financing agreement in the JV, safe jurisdiction, clean copper, cheaper power, qualified labour force, and just the fact we have a major producer as a partner who can definitely bring it into production.

I think many of us here has use other buyout and streaming deals and compared it to copper fox. We were able to get to almost a $2 a share value.

Hell..if it's $1.20, I am extremely jealous of people who are able to build a position in CUU at today's prices.