CDU 0.00% 23.5¢ cudeco limited

not too shabby eh!, page-16

  1. 1,340 Posts.
    Nev, will you stop down-ramping please. They will be calling you Zzedd2 soon. The announcement said ....

    TOTAL RESOURCE FOR ROCKLANDS OF 1.029 MILLION TONNES
    COPPER EQUIVALENT

    not 372,000 tonnes, so lets just adjust your calcs into something more realistic, arriving at

    EPS: = $3.5 (after tax)

    Applying a PE of say 7 => $24.5 per share

    Of course I concede that I too am downramping. After factoring in expected higher grades, further exploration, processing the lower grade ore, Wilgar, SW anomaly; how about we just double it to $50 per share and a set of native copper steak knives.


 
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