CYM 0.00% 4.5¢ cyprium metals limited

I'll have a super conservative/back of the envelope crack at...

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    I'll have a super conservative/back of the envelope crack at this.

    Assumptions:

    US$1.50 margin per pound of Cu production.
    Starting production of 25,000t per annum.
    No further equity dilution.

    US$3308 per tonne x 25,000t = US$82,687,500

    4x multiple = US$330m (A$500m at today's exchange rate).

    Fully diluted SOI = 2,097,000,000 x 0.24 = A$503,208,000 (MC).

    So, 24 cents is possible. Over 10 bags from today's SP.
    Last edited by Deme: 14/03/24
 
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