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7.69% 1.4¢ polarx limited

18 Jan scoping study was modeled on US$8500 copper and US$1900...

  1. amazongirl
    32 Posts.
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    16/05/24
    14:52
    Post #: 73859386

    18 Jan scoping study was modeled on US$8500 copper and US$1900 gold.

    Copper is now US$11,000 and gold is US$2400 !!

    A massive 30% uplift and would require ZERO additional costs - it’s straight to the bottom line profit on mining it.

    It would be reasonable to assume the 18 Jan NPV of A$625m would now approximate A$1billion.

    With roughly 2 billion shares on issue you can do your own math …… $1Bn / 2Bn shares = …….


    PXX Price at posting: 1.4¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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