Lets crunch those numbers and see whats real here....
Wow footy look at that
5.6Mt
EV/Contained metal $7.60
x10 Eval
Knocks the footy socks off the competition
Morgans broker report at 29 cents
"At US3c/lb contained zinc our unrisked valuation of Citronen is A$0.29ps.
Tharun George, CFA15:40 Wed 18 Nov 2020 (proactive Investor)
x10 eval above corelates with Morgans given increased zinc prices Morgans hadnt accounted for since November last year.
47 cents is sure a lot more than 4.7 cents and surely a lot more than the 1 cent you stated.
Only 3 years to operate.
Good return pa would be 15%pa x3=45% for holders?
Youd like that return right?
Possible price given financing all sorted and approved tomorrow allowing pa profit for holders.
What does that come out to be for you?
Id say 23.5 cents on finance sorted. Leaving 23.5 cents or 100% gain over 3 years for longer term holders sounds fair?
Very fair. Give me a safe investment with 100% gain in 3 years and youd be saying hello to my money!
So do you think 23.5 cents after the TH given finance all sorted from EXIM etc sounds good?
400% plus?
Nice one hey
23.5 cents would sure buy me a few nice chrissy presents!
What do you think footy and if you dont think its right let us know why. Youre the strongest critic here so I figure youll have an answer. If theres nothing factual to offer otherwise. I am assuming this will be a day for holders!
You must be excited
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