Excellent work VYR.
Assuming the Copper Price is $13,500 and your free cash flow is correct.
With HGO being able to expand mine life to 20 years or more. Most pure copper plays operate on a 10-15 PE Ratio.
That would mean a share price of 58 - 86 cents.
Happy to have people comment and shoot down my logic.
But happier if the logic is reasonable. Especially if Copper Price strengthens.
Excellent work VYR. Assuming the Copper Price is $13,500 and...
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Last
5.3¢ |
Change
-0.001(1.85%) |
Mkt cap ! $111.0M | |||
| Open | High | Low | Value | Volume |
| 5.4¢ | 5.4¢ | 5.1¢ | $213.1K | 4.051M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 1236509 | 5.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.3¢ | 130101 | 1 |
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| Last trade - 16.10pm 29/08/2024 (20 minute delay) ? |
| HGO (ASX) Chart |