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Ann: Project Update, page-15

  1. mowibble
    15,733 Posts.
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    22/11/17
    14:35
    Post #: 29023376
    none that i am aware of off hand. the hard part in comparing projects is they all have different nuances.

    but for a reasonable general metric for comparing copper producers, this report indicated the average EV/lb (in US$) last year for copper projects (when copper prices were at US$2.60) was 32c
    this would imply an EV of US$54m on the copper alone, or over AU$70m - ie around 10c post dilution for $2m placement.
    AUQ Price at posting: 3.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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