Thanks for that. I always enjoy reading those more realistic bear numbers.
Given that the C3 cost is $2.82/lb, or $6215USD/t...
- At $9415USD/t, CYM would be making $112m AUD per year.
- At $8500USD/t, CYM is still making $80m AUD per year.
- At $7500USD/T, CYM is still making $45m AUD per year.
- At $7000USD/t, CYM is still making $27m AUD per year.
The current average PE in metals and mining is 14.6x.
So the appropriate market caps would be around; $1.6 billion, $1.1 billion, $657m and $394m AUD.
Considering the current Market Cap is $87m AUD; I don't see CYM as a losing bet.
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Last
3.6¢ |
Change
-0.001(2.70%) |
Mkt cap ! $54.93M |
Open | High | Low | Value | Volume |
3.7¢ | 3.7¢ | 3.6¢ | $15.41K | 427.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 415164 | 3.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.8¢ | 30000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 415164 | 0.036 |
4 | 1136696 | 0.035 |
7 | 1173353 | 0.034 |
6 | 2205000 | 0.033 |
3 | 306999 | 0.032 |
Price($) | Vol. | No. |
---|---|---|
0.038 | 30000 | 1 |
0.039 | 472983 | 3 |
0.040 | 200 | 1 |
0.041 | 439788 | 2 |
0.042 | 1175000 | 3 |
Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
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CYM (ASX) Chart |