I use a rough rule of thumb that they get paid ~90% of LME price by the smelter for the concentrate. May not be the right logic but it lands you in the ballpark.
As for cost - capex is going to zero or close enough and grade is going to 2% or close enough (north or 5% CuEq).. with that (and tax losses) you have yourself a cash gusher. And the announcement yesterday says you have a multi decade cash gusher.. yet trading like it’s out of business in 2 years time. The easiest of holds.
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Last
53.0¢ |
Change
-0.015(2.75%) |
Mkt cap ! $469.7M |
Open | High | Low | Value | Volume |
54.5¢ | 55.0¢ | 52.8¢ | $744.0K | 1.389M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 29994 | 53.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
53.5¢ | 31872 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 26994 | 0.530 |
4 | 51904 | 0.525 |
9 | 260420 | 0.520 |
6 | 44449 | 0.515 |
11 | 112450 | 0.510 |
Price($) | Vol. | No. |
---|---|---|
0.535 | 31872 | 3 |
0.540 | 122530 | 5 |
0.545 | 16370 | 1 |
0.550 | 65269 | 3 |
0.555 | 16746 | 1 |
Last trade - 16.14pm 23/06/2025 (20 minute delay) ? |
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