People should check out AML.
market cap 100 mill.
35.8mt @ 1.94% CuEq. in Marley/Vardy + 5.1mt @ 2.63% CuEq. in Amy. Using spot price of copper today, US$6200 per tonne, we get:
35.8 x 1000000 x 0.0194 x 6200 = US$4.31billion + 5.1 x 1000000 x 0.0263 x 6200 = US$0.83 billion
Converted in A$: 5.14 divided by 0.6865 = A$7.48 billion
If you allow say 30% dilution, and average say 80% recovery, you still get >A$4.2 billion
People should check out AML. market cap 100 mill. 35.8mt @ 1.94%...
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