„XDepending on your view of metal prices „XAnd with approx 130M shares outstanding (with no immediate need to issue new equity) „XSulphide project alone is valued (on NPV basis) between $6.40 and $21.93 a share „XVersus current share price <$6.00 „XYet Compass also has an oxide project that will deliver operating cash flow this year plus a substantial uranium asset with upside potential plus a healthy cash balance plus Gold and PGM exploration in NT, NSW exploration plus Peru plus NSW royalty
With the oxide plant to be commissioned in May with valuation to add to the above sulphide valuation. I have loaded up, this represents excellent future value at present share price.
CMR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
