CCU cobar consolidated resources limited

I'm not great at fundamentals or valuing companies, & this may...

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    I'm not great at fundamentals or valuing companies, & this may have been done on another post but I couldn't find it. So here is a laymans simplistic attempt to try and see what this stock may be worth.

    The facts(all conservative to keep it real)

    50M odd ounces of silver underground.
    Mine life 5 years.
    Recovery cost $10 / ounce
    Capex of 32M.
    Current market cap value of 130M.
    Initial 1.8M ounces go to CBA.

    Lets assume silver stays at $30 for the next 5 years.
    And they mine approx. 10M ounces a year.
    Earnings will be around 10M x $20 = $200M P/A
    Total recovery = 5 Years x $200M = $1.0B

    At a current market cap of $130M it seems pretty cheap.
    P/E around 0.7 ATM ?

    I don't know how to value a company so any feedback by someone more knowledgable would be appreciated.
    Also, how does this compare to its peers?

 
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Currently unlisted public company.

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