CDU 0.00% 23.5¢ cudeco limited

not too shabby eh!, page-49

  1. 188 Posts.
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    ProfitTaker
    He did say he was in a hurry.
    But just to have a slightly rosier and then a very rosy
    look at the figures here goes:

    30,000.000 T @ 1.24% = 372,000 T Cu eq.
    @ $8500T = $3,162,000,000
    Min.costs @ $17.50 $ 525,000,000
    Admin @ $5M per year $ 50,000,000
    Net revenue $2,587,000,000
    30% tax 2.5% royalty $ 840,775,000
    After tax % royalty $1,746,225,000
    Per annum $ 174,622,500
    Per share (140M) $1.25 rounded off
    Value PE 7 = $8.73
    Then there's the other 200M odd tonne
    plus future exploration Wilgar,SW Corner etc.
    Plus the native copper.

    ______________________________________________________
    And then the rosier picture which has a fair chance in
    my opinion.

    30,000,000 T @ 3% (Picking up the N Cu thr JORC missed.
    = 900,000T @ $8500 = $7,650,000,000
    Min.costs @ $17.5T = $ 525,000,000
    Admin @ $5M per year $ 50,000,000
    Balance revenue $7,075,000,000
    32.5% Tax/Royalty $2,299,375,000
    After tax/royalty $4,775,625,000
    Per Annum $ 477,565,500
    Per share $3.41
    Value PE 7 $23.87
    PE 10 $34.10
    Plus future exploration etc.
    No Nev definitely not to shabby.

    B&Y
 
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