According to news reports, Metals Acquisition Limited is...

According to news reports, Metals Acquisition Limited is considering listing on the ASX. It is currently listed on the New York Stock Exchange.

Metals Acquisition Limited has a $US562 million ($850 million) market capitalisation in the US. Its flagship asset, the CSA mine, has a 3.5 million-tonne resource at 20 grams of copper per tonne, with a 98 per cent recovery. In an October presentation, it told investors the company was worth about $US1 billion on an enterprise valuation basis.

I understand that Metals Acquisition Limited has no plant and equipment to process ore and is seeking to raise $200 million.

I’m wondering if our resident expert, VYR, can use these figures to give an estimate on what HGO would be worth using similar metrics.

Thank you in advance.