Your point is as valid as saying a person is worth $27 because that’s the cost of the elements they’re made up of.
Location, replacement cost, possible cash flows: all of these are possible additions to the value of something. Even just the value of the permit to have such a bridge would exceed the value of the metal.
Your point is as valid as saying a person is worth $27 because that’s the cost of the elements they’re made up of.
Location, replacement cost, possible cash flows: all of these are possible additions to the value of something. Even just the value of the permit to have such a bridge would exceed the value of the metal.