Company has a proven 8.9 .m tons of surface 2.4 %Cu........adjoins their own seaport and CBA bank consortium finance.
Construction well underway for net annual production 20mt of copper commencing start of next year.
Market cap $ 104m v company forecast $ 120 m EBIT...on back of cost of production US 88 c per lb ( copper today US 2.68 per lb )
My calcs therefore net annual profit of $75 m and 2016 forward of 1.5......check this little know stock out for yourself.
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Last
$3.56 |
Change
0.010(0.28%) |
Mkt cap ! $220.0M | |||
| Open | High | Low | Value | Volume |
| $3.55 | $3.61 | $3.55 | $300.7K | 84.02K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3485 | $3.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.60 | 2211 | 1 |
View Market Depth
| Last trade - 16.10pm 12/09/2025 (20 minute delay) ? |
| FND (ASX) Chart |