oz copper companies comparison

Copper companies comparison

OZL MGO SFR CDU IRN DML
Resource
Copper (Mbls) 5,904 6,500 1,421 3,700 12,393 3,792
Gold (Moz) 6.3 2.2 0.74 6.71 Silver(Moz) 42
Molybdenum (Mbls) 204
In-stiu value $32b $32b $6b $13b $57b $14b

Market Cap $3,489 $290 1212 539 469 709
Cash (31/12/11) $886 $33 60 195 -51.3
E/V $2,361m $257m $1,212m $479m $274m $760m

MGO has second largest copper resource but lowest E/V.
SFR has $1.2b E/V but having almost 1/5 of MGO recourse, very high premium for its high grade copper.
CDU has around half resource of MGO but double E/V.
DML has around half resource of MGO but trible E/V.
IRN has almost double resource with similar E/V due to political ban of mining in Indonesia.
OZL has similar resource but 9 times more of E/V, due to production. But its product life is 6 or 7 years left? If I recalled correctly.

MGO could easily become a billion company as it is close to production with well-funded partners (Chinese NFC and PNG government) and the most creditable shareholders (Soros, Canadan pension fund, etc).


Assumptions:
Copper Per lb Gold Silver Molybdenum
$3.70 $1,725 $33.00 $15.20