Re: curious timing for Champion's Preliminary Economic Assessment Study

Highly prospective exploration company

Resource projects cover more than 1,713 km2 in three provinces at various stages, including the following: hematite magnetite iron formations, titaniferous magnetite & hematite, nickel/copper/PGM, chromite, Volcanogenic Massive and gold.

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cappysmart

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Re: curious timing for Champion's Preliminary Economic Assessment Study

in response to

Re: curious timing for Champion's Preliminary Economic Assessment Study

luker

posted on Nov 15, 2010 08:13PM

"17.5% of the calculated NPV of $1.637 billion is $286 million...divide that by ~?60 million shares fully diluted would indeed give a net value per share of ~$4.75"

On a buy-out,10% of value,drill and add,could get to 20%,$.90/FNC share for CHM holding is a modest estimate IMO.