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.
