Peer comparison, page-19

For other Copper play.
CARAVEL MINERALS LIMITED (ASX:CVV) - Ann: Scoping Study - Caravel Copper Project, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

after looking N compare CVV with market cap. at $144m N cash $10m
resources 1.86 mt @0.28% open pit.
Greenfield project with capex at A$576m to produce 35,000 ton Cu in Concentrate X 5 years and if all goes well first ore in 2026.
55,000 ton Cu x 22 years thereafter.
IRR of 25 to 30%

I prefer to stick with CYM.
why
1. Finished product is copper plate.
Savings of about A$10 m a year on freight, transport, smelting and refining cost as compared to copper concentrate.
based on 20,000 ton of cu plate a year that CYM is expect to produce.
2. only need to fund top most $50m to be in production.
3. cashflow faster

I am still loading up my truck.
Maybe I need to get a bigger truck soon.