100000 x $2000 per ounce less production costs of say $500 per ounce(i can recall in one of JG roadshows this rough figure) = $150 000 000 per year profit plus copper which will be $10000 per tonne soon enough as the Chinese have started to buy it again.Interesting to note that the Chinese growth of 9.5% is mostly in the rural areas so the need for infrastructure building is paramount and we all know we need copper for that.AND STILL WE HAVE A MARKET CAP OF ONLY 30million.FAIRDINKUM strap yourselves in folks over the next 12-18 months.The other question is are we a takeover target at such a small cap
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83.0¢ |
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Mkt cap ! $75.91M |
Open | High | Low | Value | Volume |
83.5¢ | 83.5¢ | 83.0¢ | $22.85K | 27.50K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 14711 | 80.0¢ |
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Price($) | Vol. | No. |
---|---|---|
84.0¢ | 25848 | 1 |
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2 | 9711 | 0.800 |
2 | 6700 | 0.795 |
1 | 12500 | 0.790 |
1 | 9912 | 0.780 |
3 | 6750 | 0.750 |
Price($) | Vol. | No. |
---|---|---|
0.840 | 25848 | 1 |
0.860 | 5058 | 1 |
0.900 | 2494 | 1 |
0.920 | 5000 | 1 |
0.980 | 2520 | 1 |
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