I am looking at the only 2 other porphyry mines in Australia...

I am looking at the only 2 other porphyry mines in Australia

Cadia (Newcrest) $20B market cap - makes up 1/2 of Newcrest resource $10B cap.

2021 measured and indicated 2900MT at 0.26 Cu and 0.36 Au = 0.48 copper eq. (Au = 0.6 x Cu) so 13.92MT copper

Northparkes (part of China Molybdenum $20B cap 80% and Sumitomo 20%). I estimate about $2B cap for this mine.

424MT at 0.55 Cu and 0.20 Au = 0.67 copper eq. so 2.84MT copper.

SPQ (at $60M cap) grades are not that far off
224m at 0.43 Cu eq or 632m at 0.23 Cu eq

using 1 m3 = 2 Tons soil, we can play around with possible porphyry size

600 x 600 x 600m x2 = 432MT soil x % Cu
At even grades of 0.4% 1.7MT copper which would justify 1B market cap

I guess currently at 4.1c 60M cap and results as early as 3 weeks. I can't find a better bet 16x till reaches $1B cap. Even $300m cap not bad.

ps please comment on any calculations I have made, I am an invested amateur