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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