I may be niave, but I find it impossible to imagine the project could get this far without someone in BTR having a "back of an envelope" idea that the resource could be mined profitably. Assuming I'm right I expect the scoping study to be positive. The issue then becomes "how positive". There's around $15 billion worth of copper in the ground proven at Mumbwa. If it costs $10 billion to dig it up and ship, that leaves $5 billion to distibute to long suffering shareholders which is a a little north of $40 a share. That's my back of the envelope estimate. Let's see how close I get. DYOR etc.
- Forums
- ASX - By Stock
- BTR
- scoping study
scoping study, page-2
-
- There are more pages in this discussion • 37 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BTR (ASX) to my watchlist
|
|||||
Last
1.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $103.4M |
Open | High | Low | Value | Volume |
1.8¢ | 1.8¢ | 1.7¢ | $38.25K | 2.141M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
35 | 5864996 | 1.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.8¢ | 4316230 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
35 | 5864996 | 0.017 |
26 | 6960316 | 0.016 |
37 | 10934900 | 0.015 |
14 | 3547198 | 0.014 |
8 | 2729375 | 0.013 |
Price($) | Vol. | No. |
---|---|---|
0.018 | 4316230 | 12 |
0.019 | 4816349 | 16 |
0.020 | 12155819 | 21 |
0.021 | 7474049 | 10 |
0.022 | 7750398 | 19 |
Last trade - 13.03pm 04/09/2024 (20 minute delay) ? |
Featured News
BTR (ASX) Chart |