A reminder for everyone that MQR have the Lone Star Copper project in the USA.
Copper USD $15,000 per tonne by next year (Goldman Sachs). This is exactly USD $6.80 per pound.
https://*********.com.au/copper-price-surge-analysts-forecast-steep-rise-supply-crunch/
(in case URL is hashed out just Google search: copper-price-surge-analysts-forecast-steep-rise-supply-crunch).
Lone Star will be worth AUD $66,500,000
MQR current Enterprise Value is circa AUD $3,000,000
This is a 22x difference.
Sometimes you just need to connect the dots. Works out to 16c per MQR share on Lone Star alone.
MQR ASX announcement 30 Nov 2023 (USD):
A reminder for everyone that MQR have the Lone Star Copper...
Add MQR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.0¢ |
Change
-0.001(9.09%) |
Mkt cap ! $4.134M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.0¢ | $5.05K | 462.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 1361495 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 139090 | 1 |
View Market Depth
| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| MQR (ASX) Chart |