CLE 0.00% 0.1¢ cyclone metals limited

lady annie value

  1. 1,756 Posts.
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    Hi guys,

    some food for thought:

    I remember Tony Sage saying that Lady Annie is worth around 250m$ when Copper prices were around 2.20 USD/lb.

    Today, the Copper price reached a new high of 2.85 USD/lb which is a 30% rise over the past month.

    Considering the appreciation in the Copper price, Lady Annie should be at least worth 30% more than what Tony stated previously.

    Thus, current value of Lady Annie must be around:
    250m$ * 130% = 325M$

    Considering that this valuation is probably at the low end of town I could imagine that Tony's strategy to sell these assets by christmas will be a pretty good one.

    Rising commodity prices will make this one hell of a deal in the upcoming month.

    I am looking forward to receiving a nice, tasty dividend in the range of 100- 200 M$ which will total to around 20- 40c/share ....
    100% dividend yield.
    The market is simply too stupid to grasp that imo.

    Cheers
 
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