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Great story Cobre, this video cystallises the likely game...

  1. DB63
    134 Posts.
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    27/02/24
    18:59
    Post #: 72627541
    Great story Cobre, this video cystallises the likely game changing nature of the deposit.

    say 120mil Metric Tonnes at 0.4% at USD$3.80 per lb 2200 lbs per ton

    we potentially have 520,000 tonnes circa 1.1 billion pounds equating to USD$4.2billion (AUD$6.4billion) of low cost recovery copper at current pricing without regard for project supply shortfalls over next few years...

    and an MC of just $19m????

    think MC is a little to low given this, not to mention BHPs keen interest in the company!
    CBE Price at posting: 6.1¢ Sentiment: Buy Disclosure: Held
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