Australia's largest stock trading and investment forum Australia's #1 stock forum

CDU cudeco limited

0.00%

23.5¢

Ann: Binding MOU with Sinosteel, page-43

First 43 Last

Share
Profile

Follow
h00ts

46,902 Posts.

8947

03/12/14

21:09

Post #: 14403623
Share

Originally posted by jantimot ↑

Gosh sb and a couple of years ago I was blasted by the company for saying that the plant would cost $400m ....

But, cost is irrelevant. Value is the key. What is the plant worth, in terms of profitability that it can produce? CCU spent $50m on a silver plant in 2012/13, but last year the whole thing, plant, mine and all sold for $375k (plus provision of a rehab bond of $5m) because they couldn't make a profit. Many Lynas shareholders simply can't comprehend why LYC has a market cap of $188m when the plant cost $800m - but it can't make a profit (and has $400m of debt).

The cost of the plant has no bearing on the company's worth.

Expand

"The cost of the plant has no bearing on the company's worth."

LOL - Pasminco went broke after spending $2b on a plant at Century Zinc after W.M got shafted from CRA

CDU Price at posting: $1.25 Sentiment: None Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

I88

Infini Resources onto Phase 2 at Portland Creek after spotting 'widespread uranium'

Week 27 Wrap: 40% China tariffs?; ASX +10% FY25; US Amazon price spike

Listen: HotCopper Wire Podcast 016 – FY25 ended up not so bad... but Trump unpause is coming

OSL

OncoSil wraps up recruitment for key pancreatic cancer trial

NMG

New Murchison Gold blasts off at Crown Prince as 'better than expected' results return

HotCopper Highlights, Week 27: G8 scalped, Domino’s drops the box, Gemlife brief hype & more

THL

Tourism Holdings says Liberation Day tariffs smashed US RV demand

DMP

Is Domino's a steal after -25% plunge?

KGD

Kula picks up unexplored niobium play in Malawi, with surface samples logged

Trump chides Powell as Goldman call for calm. The RBA must be nervous

First 43 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Ann: Binding MOU with Sinosteel, page-43

Top Stories

Infini Resources onto Phase 2 at Portland Creek after spotting 'widespread uranium'

Week 27 Wrap: 40% China tariffs?; ASX +10% FY25; US Amazon price spike

Listen: HotCopper Wire Podcast 016 – FY25 ended up not so bad... but Trump unpause is coming

OncoSil wraps up recruitment for key pancreatic cancer trial

New Murchison Gold blasts off at Crown Prince as 'better than expected' results return

HotCopper Highlights, Week 27: G8 scalped, Domino’s drops the box, Gemlife brief hype & more

Tourism Holdings says Liberation Day tariffs smashed US RV demand

Is Domino's a steal after -25% plunge?

Kula picks up unexplored niobium play in Malawi, with surface samples logged

Trump chides Powell as Goldman call for calm. The RBA must be nervous

Featured News