Jason, as Aus pointed out the $20 COP is high: I use it but assume corporate overheads, interest costs and WA royalties are factored into that. (I did the calcs a while ago and can't find the details, but that's about the ballpark.)
I think it's a pretty narrow view to value a startup by what they're currently producing, if there's a reasonable anticipation of considerably more.
But 55c as a bottom line is reasonable with considerable potential upside for phase 2 or improved RE prices.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$9.67 |
Change
1.380(16.7%) |
Mkt cap ! $9.045B | |||
| Open | High | Low | Value | Volume |
| $9.50 | $9.96 | $9.38 | $153.8M | 15.88M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 914 | $9.67 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.68 | 12000 | 2 |
View Market Depth
| Last trade - 16.10pm 11/07/2025 (20 minute delay) ? |
| LYC (ASX) Chart |