Ann: Site Operations Continue to Accelerate at Nifty, page-104

Below is your post 54347506 dated 7-Jul-20. How did you arrive at 45x ? That puts CYM at the time of your post at a market cap of just under $7 Billion ? Thanks in advance.


"OZL is producing 2020 97k tonnes of copper. But... these mines are all mature - increasing in cost and decreasing in volume production each year.

CYM = 0 today. But.... CYM is planning to produce 20k tonnes of copper.

So on a simplistic (yes super simple) view of the world CYM vs OZL differential is 5 times.

So the gap is 45x (50 times less 5 times) in terms of potential valuation uplift to get us to parity with OZL"