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
4.4¢ |
Change
0.002(4.76%) |
Mkt cap ! $67.08M |
Open | High | Low | Value | Volume |
4.1¢ | 4.4¢ | 4.1¢ | $164.2K | 3.856M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 867805 | 4.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.4¢ | 634685 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 867805 | 0.040 |
8 | 871560 | 0.039 |
3 | 425431 | 0.038 |
3 | 633784 | 0.037 |
6 | 561111 | 0.036 |
Price($) | Vol. | No. |
---|---|---|
0.044 | 634685 | 3 |
0.045 | 803823 | 6 |
0.046 | 1673866 | 7 |
0.047 | 461111 | 2 |
0.048 | 541111 | 2 |
Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
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