Morning Hoots, "Dossa where is the conjecture in this picture . ?
( A $3 dividend on a $3.50 stock represents almost 100% yield buyers should be falling over themselves ( their not ) Even at MPS,s $1 estimated dividend CDU should be at least $8 with a 10 year mine life.
Quite obviously the market doesn't believe there is that much missing copper - At $3.50 the market appears sceptical of even the verified JORC number 30mt at 1.7% - Perhaps they dont think the Cu Eq numbers for the cobalt will be achieved"......)
Just briefly Hoots, almost every aspect of this post is conjecture..it is all unproven except the JORC figure..( at this point in time) estimates, guesstimates,$3 dividends, $1 dividends. "Perhaps they don't think the Cu eq numbers for the cobalt will be achieved"...etc etc...pure conjecture..because we actually don't know why the market is responding the way it is, we can guess or put up theories..but we actually don't know.
Cheers to long termers
Dossa
CDU Price at posting:
$3.52 Sentiment: Buy Disclosure: Held
