CUS 48.7% 4.0¢ copper search limited

cus gets to play in the bigger boys league now, page-6

  1. 3,500 Posts.
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    d_ricardo....good comments. That would give them a current valuation on PER of 12 of $4.08....so yes cheap. Now add 80 million transactions x .20 cents when they increase the $2 to $2.20 at some stage and that drops $16M direct to the bottom line....11.5 cents a share. So add that to 34 cents gives you 55 cents on a PE of 12....$6.60 a share. All possible and will happen at some stage.

    I know and they know that once the market has fully absorbed the $2 charge...taking it to $2.20 will mark very little difference to the number of transactions. Just at the moment they mindful of the bad publicity it would create.
 
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