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4,123 Posts.
6948
11/03/22
12:07
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Core is slightly ahead of us in the construction of their project.
An interesting fact to consider
CXO
DFS NPV A$384m at SP5.8 pricing of US$850/t
Market cap $1.8b
FFX
DFS NPV A$4.1b at SP6 pricing of $1250/900/t
Market Cap $935m including the gold operation
CXO is trading at 4.7 x their NPV
FFX is trading at 0.22 of its NPV including the gold operation.
Something's out of whack
remember - In the Short-Run, the Market Is a Voting Machine, But in the Long-Run, the Market Is a Weighing Machine
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