is btr cheap compared to other copper stocks

I posted pretty much the same thing on the AVB thread and it created some interest. So I thought this thread would might also want to see it.

The info is sourced from tenbagsfull.com.au company fact wiki's which are drawn from announcements, with some added of the figures added in by other posters.

My opinion is that AVB and BTR are pretty cheap since they are building up towards and really, already have in place, very economic resources, which should end up either being mined by the companies, or more likely taken over.

BTR

Zambia

BTR In-situ Mineral Resource = 187 Mt @ 1.14% Cu using a 0.5% cut-off (2.132 Mt of contained copper). BUT Estimated mineable ore of 84.5 Mt Run of Mine (ROM) at 1.19% Cu (1,014,000t cu)

Perkoa 12.17 Mt @ 10.3% Zn and 53.9 g/t Ag

Market cap $186m - $190m fully diluted

$187 per tonne cu.
NOTE: Ignores Perkoa, which has started mining. BTR's share of Perkoa is 39.9%

AVB

Brazil
AVB JORC Reported Mineral Resource Inventory for Stage I & II has increased to:

52.11Mt at 1.27% Copper, 0.32g/t Gold for 661,000 tonnes of contained Copper and 527,000oz of Gold. Copper Equivalent of 773,000 tonnes

Cut-off Grade of 0.4% Cu for Sulphide Resources, and 0.3% Cu for Oxide resources.

Market cap $108m - $114m fully diluted -$147.47736 per tonne cu eq

NOTE: Mostly inferred resources, but will probably reach 1mt cu eq soon

DML

Botswana

DML Boseto Mineral Resources 131 Mt @ 1.3% Cu & 16.2 g/t Ag. (1,703,000t cu)

Market cap $803m - $805m fully diluted

$462 per tonne. Ignores silver
NOTE: Producing

CDU

QLD

CDU JORC 30.3mt @ 1.7% CuEq (0.8% cut-off) Measured and Indicated = 515,100 tonnes cu

97.9mt @ 0.96% CuEq (0.4% cut-off) Measured and Indicated = 939,840 tonnes cu

272.9mt @ 0.62% CuEq (0.2% cut-off) Measured, Indicated & Inferred = 1,691,980 tonnes cu 1,691,980
Market cap $900m - $917m fully diluted $976t cu eq Using middle 97.9mt figure.

TGS

DRC (Democratic Rep. Congo)

TGS Resource of 49.0Mt at 1.7% Cu for 834kt contained Cu (mining depleted)

Reserve of 2.7Mt at 7.0% Cu for 188kt contained Cu.

Market cap $227m – Fully diluted $240m

$272t cu
NOTE: TGS own 60% of Kipoi, so the effective value is $450t cu

MGO

Papua New Guinea

MGO Measured 248m tonnes @.43% (1,066,400t cu)

Indicated 114m tonnes @ .42% (478,800t cu)

Inferred 218m tonnes @ .37% (806,600t cu)

Market cap $176m – fully diluted $187m

$80t cu

HOR

Western Australia

Measured, Indicated and Inferred Mineral Resource of 8.6 million tonnes @ 1.06% Cu and 0.13 g/t Au for 91,000 tonnes Cu and (37,400 oz Au. approx 7kt cu eq)

Market cap $18.6m – fully diluted $24.6m

$251t cu eq

HCH

Chile :

643,642 cu eq at .6% cu, .1 g/t au and 146 g/t moly for a

market cap of $128m fully diluted and $102m undiluted.

Ignoring the moly it is valued at $199 per tonne of cu eq.

target resource is 1.4 - 2.2mt of cu, .9 - 2m oz gold and up to 57k tonnes of moly.

SFR

W.A

652,000t of contained copper and 742,000oz of gold.

copper eq: 809,675t's (8,000t cu, 1,700oz ag) 1.34b market cap = $1658 p/t of cu eq

Producing, low cost, Australian.

QMN

QLD

310,000t of contained cu eq (cu+au)

36.4 Mt @ 0.7% Cu, 0.03% Co, 0.17g/t Au 269,000t cu, 24.48m lbs co 200,900oz au

market cap = $37M

$119 per tonne cu eq, ignores cobalt..