HCH 2.65% 92.0¢ hot chili limited

So let me get this straight current copper price approx. $4.34...

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    So let me get this straight current copper price approx. $4.34 US per pound
    convert US to AUD = $6.68 AUD
    convert pounds to kilos 1 pound x 2.205
    $6.68 x 2.205 = $14.73 AUD per kilo
    convert kilos to tonnes
    $14.73 AUD x 1000 = $14,730 per tonne
    HCH approx. 3,620,000 tonnes copper equivalent
    3,620,000 x 14,730 = $53,322,600,000 AUD copper equivalent MRE
    HCH market cap approx. $150,000,000 AUD

    Is this correct or am I way off? If this is correct and we are trading at $150 million market cap, what the hell is wrong with this stock?

    Can someone confirm this? Obviously this doesn't look at costs at all.

 
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