Hi Guys,
Not sure why the market isn't factoring Viscaria into the price here...? Well, if it is - a heavily discounted and unreasonable valuation is being applied. Given the recent rise in copper from around US$4,600 a tonne in October to a recent high of $US5,885 you would have thought we would see more speculation!
At a US$6,000 copper price Viscaria presents a 20% IRR project and NPV of around US$100mil…Copper currently $5,705. If AVI aren’t planning on taking this to production there must surely be others out there who are willing to… I wouldn’t be surprised if there were a few opportunistic predators out there running the ruler over this one.
Just in case you were wondering… US$100,000 converted to Australian Dollars works out at 20c per share fully diluted! Did someone say special dividend? YES PLEASE!!!
Extremely low risk punt here…
Cheers
The Doc
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ENORMOUS leverage to a rising copper price...
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1.0¢ |
Change
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Mkt cap ! $38.51M |
Open | High | Low | Value | Volume |
0.9¢ | 1.0¢ | 0.9¢ | $51.55K | 5.727M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
30 | 11655122 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 9482666 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
30 | 11655122 | 0.008 |
12 | 4608535 | 0.007 |
5 | 7450000 | 0.006 |
5 | 3500009 | 0.005 |
3 | 2225000 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 9482666 | 12 |
0.011 | 7569594 | 11 |
0.012 | 4462307 | 10 |
0.013 | 1966666 | 4 |
0.014 | 700000 | 2 |
Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
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