CCU 0.00% 5.8¢ cobar consolidated resources limited

Heres my very basic 2c worth, note i am making certain...

  1. 4 Posts.
    Heres my very basic 2c worth, note i am making certain assumptions to keep it simple, please correct me if im wrong...

    40.00 Worst case silver value - 10.50 Cost Per oz x 2,500,000.00 Production = 73,750,000.00 Net profit
    170,810,000.00 Market cap estimate
    179,800,000.00 Number of shares

    (73,750,000 x p/e) x number of shares =
    4.10 Share price based on p/e of 10
    1.44 Share price based on p/e of 3.5

    2.32 Current Price/Earnings approx
    1.71 Current Price/Sales approx

    this is a no brainer in terms of risk, production assumed, worst case we only go to around $1.44,

    currently every penny i have is in CGT but a soon as it jumps after production in sept im into CCU
 
watchlist Created with Sketch. Add CCU (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.