Yeah. There may be a token dividend or something to celebrate Nifty's success, but I personally believe CYM will target rapid expansion.
Nifty producing ~50ktpa
Maroochydore producing 20ktpa and x cobalt.
Nandie Well producing 20ktpa
Hollandaire producing 10ktpa + x gold + x silver
All up, that'll be 100ktpa of copper.
If we assume an ASIC of $2.50lb and copper price of $3.50lb.... CYM will profit $315m AUD per year.
If we assume an ASIC of $2.00/b and copper price of $4.50lb.... CYM will profit $787m AUD per year.
In all likelihood, the real figure may be somewhere in between - with CYM profiting $551m AUD per year.
Realistically, I expect Nifty to be in full production within 12-18 months.
Maroochydore and Nandie Well could be bought online within 12-18 months of Nifty if the team are proactive and forward planning.
In my view, CYM will be an absolute dividend machine within 5 years. In the meantime, the significant appreciation of share price will have to do.
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