haha,at least I get some CPO shares in pokect in last few munites,
check with the sandfire share price, it start from 4 cents and up to Aud8 in 18 mointh.
all depend on how much deposit they find.
the copper price is Aud12000 a ton, so if they find 10000 ton, the share price should be:
(12000*10000)/77000000=1.5 Aud a share
so if they can find around 50000 ton of copper, the share will be Aud 7,5( similar to SFR)
All depends on the geologist finding.
let's pray!
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