I have done some very broadbrush figures - very conservative -...

  1. 948 Posts.
    lightbulb Created with Sketch. 122
    I have done some very broadbrush figures - very conservative - allowed 0.2% Cu for total volume..
    Area of discovery 1800 x 1100 x 50m thick = 99,000,000m3.
    Tonnes per m3 = 3.5 tonnes.
    Total tonnes - 346,500,000 material
    Use very low copper ration 0.2% = 693,000 tonnes of Cu equivalent
    Sales price or copper at present $US9,000.
    Total sales = $US 6.237b or $AUD 8.31b
    Cost of mining and processing - say 50% of total sales.
    Income 4.158b.
    Any comments on methodology or contra views?
    Last edited by The Mole: 23/06/21
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
8.0¢
Change
-0.003(3.61%)
Mkt cap ! $19.96M
Open High Low Value Volume
8.0¢ 8.0¢ 7.9¢ $43.36K 543.2K

Buyers (Bids)

No. Vol. Price($)
1 13000 7.9¢
 

Sellers (Offers)

Price($) Vol. No.
8.7¢ 11111 1
View Market Depth
Last trade - 15.49pm 19/06/2025 (20 minute delay) ?
COD (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.