URL 0.00% 13.5¢ universal resources limited

if one may dream...

  1. 38 Posts.
    In two years time based on what are proven copper assets and today's spot prices:

    50,000 T Cu x $8000/T / 0.75 $/US$ = $533M
    20,000 oz Au x $630/oz / 0.75 $/US$ = $17M
    Total cash flow = AU$550M per year

    Costs:
    7,000,000 T of ore X $16.50/T = $112M

    = $438 M profit per year less admin, exploration, etc, etc.

    Perhaps a $3B market cap by then? = $11 per share.
    $0.50 per share dividends perhaps? (OK, slightly less with some 20% share dilution).

    Copper prices may go lower, but gold could go higher.

    And then the fun starts with Uranium and further exploration.

    I'm holding out for retirement...
 
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