URL universal resources limited

In two years time based on what are proven copper assets and...

  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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