May. 13 at 6:29 PM
$NAK 💰 Calculation
* 6.5 billion lbs × ~
$6.5/lb ≈
$42.25 billion
📊 Range (based on recent prices)
* Low (~
$6.1/lb): ≈
$39.7 billion
* High (~
$6.6/lb): ≈
$42.9 billion
⸻
⚠️ Important nuance
* That’s spot/market copper value (refined)
* If this is scrap copper, real value is lower (~
$4.5–
$5/lb typical)
→ Scrap value would be closer to
$29B–
$32B
⸻
Bottom line
* Refined copper value: ~
$40B–
$43B
* Scrap reality: ~
$30B-ish
This is roughly estimated for copper only.