Thats also assuming costs stay the same, which they wont.
So why these pie in the sky numbers are pointless.
If Cu price goes up 2x.... cost to build likely up 50% at least too which brings the NPV way back down again.
If they company showed modelling showing a $5.85 Cu price and increased capex/opex to match then it would be a good chart... as it is its useless.
Time to update the market CE.. what are we doing?
$?Bill in a ? Life mine, page-25336
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Last
83.5¢ |
Change
-0.010(1.18%) |
Mkt cap ! $126.4M | |||
| Open | High | Low | Value | Volume |
| 84.5¢ | 85.0¢ | 82.0¢ | $133.7K | 160.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5333 | 82.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 84.0¢ | 24445 | 2 |
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| Last trade - 16.10pm 26/09/2024 (20 minute delay) ? |
| HCH (ASX) Chart |