Absolutely. I'll include another post of mine here;
Here's some simplified maths;
Copper's current price is $4.46/lb (9,834 USD/t)...
Conservatively assume the ASIC for Cathode and Concentrate collectively averages $2.20/lb ($4,851 USD/t)
From 51,000tpa of Cathode/Concentrate, Nifty's revenue will be 501,534,000 USD (698,267,231 AUD).
The profit will be $254,133,000USD per year ($353,854,789 AUD).
Who cares about what "the market" prices CYM at currently. 12 months. That's all we have to wait. Let the money do the talking.
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Last
3.6¢ |
Change
-0.001(2.70%) |
Mkt cap ! $54.93M |
Open | High | Low | Value | Volume |
3.7¢ | 3.7¢ | 3.6¢ | $15.41K | 427.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 415164 | 3.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.8¢ | 30000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 415164 | 0.036 |
4 | 1136696 | 0.035 |
7 | 1173353 | 0.034 |
6 | 2205000 | 0.033 |
3 | 306999 | 0.032 |
Price($) | Vol. | No. |
---|---|---|
0.038 | 30000 | 1 |
0.039 | 472983 | 3 |
0.040 | 200 | 1 |
0.041 | 439788 | 2 |
0.042 | 1175000 | 3 |
Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
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