Got to say, love the great discussion! The board was been dead for months. I assume more posts here as the meetings get closer with speculation.
Anyways, you guys are calculating numbers based off old information for starters. Also you guys are not giving value to the agreement itself-
A turn-key mine with a producer paying for the all costs (carried to production deal) but most likely Teck will want a new agreement in place with a well funded major.
Also value from our district property and exploration of mineralized zones with no resource estimate yet. This has value too.
So with new numbers, and scratching the surface of the metal tonnage. 500 million lowest price?