Thanks for that. I always enjoy reading those more realistic bear numbers.
Given that the C3 cost is $2.82/lb, or $6215USD/t...
- At $9415USD/t, CYM would be making $112m AUD per year.
- At $8500USD/t, CYM is still making $80m AUD per year.
- At $7500USD/T, CYM is still making $45m AUD per year.
- At $7000USD/t, CYM is still making $27m AUD per year.
The current average PE in metals and mining is 14.6x.
So the appropriate market caps would be around; $1.6 billion, $1.1 billion, $657m and $394m AUD.
Considering the current Market Cap is $87m AUD; I don't see CYM as a losing bet.
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Last
3.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $50.35M |
Open | High | Low | Value | Volume |
3.3¢ | 3.3¢ | 3.2¢ | $17.05K | 517.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 47272 | 3.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.6¢ | 289495 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 32121 | 0.033 |
3 | 630677 | 0.032 |
4 | 333300 | 0.030 |
4 | 540248 | 0.029 |
3 | 732061 | 0.028 |
Price($) | Vol. | No. |
---|---|---|
0.036 | 289495 | 2 |
0.037 | 430829 | 2 |
0.038 | 421845 | 2 |
0.039 | 441000 | 2 |
0.040 | 451062 | 2 |
Last trade - 12.46pm 04/10/2024 (20 minute delay) ? |
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Antler Copper Project hits major permitting milestone – air quality permit advances to final review
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