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
$1.06 |
Change
0.000(0.00%) |
Mkt cap ! $157.3M | |||
| Open | High | Low | Value | Volume |
| $1.06 | $1.07 | $1.04 | $177.3K | 168.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 600 | $1.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.06 | 7901 | 2 |
View Market Depth
| Last trade - 11.20am 28/05/2024 (20 minute delay) ? |
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Last
$1.06 |
Change
0.000 ( 0.22 %) |
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| Open | High | Low | Volume | ||
| $1.06 | $1.06 | $1.05 | 12258 | ||
| Last updated 11.35am 28/05/2024 ? | |||||
| HCH (ASX) Chart |