In this article, I'll have a closer look at Lumina Copper (OTC:LCPRF), which owns the gigantic Taca Taca copper project in Argentina's Salta province, close to the border with Chile. I'll start with a background of the Taca Taca project and move over to the main hurdles Lumina will have to overcome to move this project forward.
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Thereafter, I will play around with some numbers to determine the fair value of the project and will explain the main risks involved in this story. I will also provide my opinion on Lumina Copper's exit strategy and this will result in my investment thesis at the end of this article.
As trading on the US exchanges...
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