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prom hill is worth about $1.7bn, page-2

  1. kennethgalbraith
    13,961 Posts.
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    10/12/08
    22:31
    Post #: 4592956
    lets assume you could sell all the copper for $1.7bn

    take out the cost of plant and equipment $1.3bn

    profit of $400m

    assuming there are enough resources to cover the investment in plant and equipment prom hill alone must be worth about 53c

    (1.7/3.2)

    we should be able to get anything from $500m to $800m for half of it and reduce debt.
    OZL Price at posting: 0.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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