CNB 2.08% 49.0¢ carnaby resources limited

Don't know and cant find anything but got me reading some good...

  1. 220 Posts.
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    Don't know and cant find anything but got me reading some good articles on Anglo. Anglo's copper assets estimated to be worth $35bn GBP across 4 mines and produce 730,000 - 790,000t of copper annually (https://www.mining.com/anglo-american-copper-assets-worth-35-billion-report/). Anglos market cap is approx. $30bn GBP or $60n AUD.

    The linked article also mentions some analysis of costs in starting a new copper mine, to produce 100,000t CU annually, is near $3.5bn.

    Shows the strength of CNB position where it has a path to mining for $35m to produce 20,000t annually. That's 1000x less cost for 20% of the mining quantity.
 
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