POD already has a copper resource of around 60kt. That's contained in over only half the orebody's length to a depth of only 100m. I think we can safely assume they will end up with at least 200kt. In ground value of 200kt of Cu is around USD1.8bn and it's a credit (ie very high margin}. On a present value basis this volume of (very high margin) Cu alone is worth at least USD180m; actually probably closer to AUD300m. Need I say more ?
Zen
The copper alone is worth more than the current mkt cap
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Last
3.8¢ |
Change
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Mkt cap ! $17.28M | |||
| Open | High | Low | Value | Volume |
| 4.0¢ | 4.0¢ | 3.8¢ | $13.63K | 352.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 4 | 64350 | 3.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 4.0¢ | 29215 | 2 |
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| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
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3.8¢ |
Change
-0.002 ( 5.00 %) |
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| Open | High | Low | Volume | ||
| 4.0¢ | 4.0¢ | 3.8¢ | 101031 | ||
| Last updated 11.50am 07/06/2024 ? | |||||
| POD (ASX) Chart |