Just to put things into perspective and considering capex at 0$:
- an asset generating 500M per year for the next 20 years will have a NPV (8%) of 4.9B
- an asset generating 500M per year for the next 100 years will have a NPV (8%) of 6.2B
We all know that Schaft Creek has massive ressources, but most of our value will come from what they can do with it in the next 20 years.
If we keep it for mining, this might give us 200M per year or $0.40 EPS. Therefore, we could possibly have a SP in the $2-4$ dollar range, but that could take another 10 years.
So why not take half of that today??
MoneyK