CCZ 16.7% 0.5¢ castillo copper limited

I’ve noticed that the troll appears to have a technique of...

  1. 9,297 Posts.
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    I’ve noticed that the troll appears to have a technique of keeping alive a negative, and false, thread headline he created.

    so here’s an optimistic discussion thread header I’d rather see.

    what are people’s informed opinions on type of resource base that would be needed to see CCZ 5-10 bag from current levels. At 50 cents, we’d be looking at $500+ million mc before accounting for dilution of options and further issues.

    $500 million mc seems a lot from here but it is the sort of number, at a bare minimum really, that one would expect from a mid tier copper producer, which title is the company’s aspirational goal.

    Off the top of my head, SFR has ranged from say $800mill to well over $1 billion over the last few years. Years ago CDU soared over the 500 mark too with their still undeveloped resource (a botched company there). Thus it’s worthwhile having an idea in mind of what resources we need to bench mark the company’s aspiration and measure progress, or lack there of, with view to investment horizons.

    viewpoints with examples and justifications would be appreciated. Cheers
    Last edited by seals: 28/01/21
 
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