TNC true north copper limited

Ann: TNC Quarterly Activities Report, page-7

  1. 397 Posts.
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    I have just done a little calculation. I would not mind if someone wishes to check my numbers.
    Sandfire Resources has a Price / Free Cash Flow ratio of 12.76 X
    TNC has about 1100 Million shares on issue ( 1.1 Billion)
    Original predicted FCF was about $111 Million over 4 years. Now modified to about $200 Million over 4 years (at current prices and exchange rates)
    Therefore $200 M X 44 years = $50 Million per year.
    50 M / 1100 Million = $0.045 per share (???)
    I am not supposing this happens in the very short term nor that a small miner such as TNC can command the sort of premium SFR does.
    But a Price / Free Cash Flow ratio of say...2 X or 3 X or 4 X etc. etc....quite appealing gto me and confirms my belief in HOLDING.
 
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(20min delay)
Last
40.0¢
Change
-0.020(4.76%)
Mkt cap ! $50.95M
Open High Low Value Volume
40.8¢ 42.0¢ 39.5¢ $114.7K 282.2K

Buyers (Bids)

No. Vol. Price($)
4 114454 39.5¢
 

Sellers (Offers)

Price($) Vol. No.
42.0¢ 238 1
View Market Depth
Last trade - 15.48pm 02/07/2025 (20 minute delay) ?
TNC (ASX) Chart
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