punters,i have added up all the metals with the new merger and used current 15 month forward prices from www.metalprices.com and found the following:
metal tonnage 15 month price total
copper 195000 $7,680.00 $1,497,600,000.00
zinc 743000 $1,873.00 $1,391,639,000.00
lead 74000 $1,935.00 $143,190,000.00
gold 260000 $950.00 $247,000,000.00
silver 10500000 $19.00 $199,500,000.00
$3,478,929,000.00
not sure if my interpretation is 100% accurate however the $$$ value totals close to $3.5billion in production over the next year or so. The current market cap is close to $6billion with $1.5billion in cash...once again, cannot confirm accuracy of the above however depending on what margin they have, this thing looks real cheap.
OXR
oxiana limited
punters,i have added up all the metals with the new merger and...
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