Imo thats what some people are not realising!
In 5 years 2025, the company has paidback the required funding to develop the mine, it will hold a infrastructure value of +- AU$400 mil right?
We then have 7 years left of resource LOM (foundation phase) and not taking into account the additional LOM phase.
LOM extensions leveraging off Foundation Phase
development and requiring limited or no
additional capital works
• Tonnage targeted
o Remainder of current Global Resource,
9.13 Mt at 1.4% Cu and 3.6% Zn
o Evaluating existing pillar extraction (7-8
million tonnes) after voids are paste filled
o High grade strike extensions of resource
requiring additional drilling, not yet in JORC
resource
In 2025 the mineral resource is at least +-$840 Mil + the additional LOM phase BFS resource estimates.
Net Asset value is roughly AU$1.2 Billion, at a 1:1 market cap = +-46 cents
I stated current parameters = no more dilution etc.
Take into account Fraser range value?
New deposits from current drilling?
Stronger copper price?
Its speculation but why be the hater
Imo thats what some people are not realising!In 5 years 2025,...
-
- There are more pages in this discussion • 29 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ORN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.5¢ |
Change
0.001(7.14%) |
Mkt cap ! $102.5M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.5¢ | 1.5¢ | $4.038K | 269.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 230788 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 2500000 | 3 |
View Market Depth
| Last trade - 15.41pm 16/08/2024 (20 minute delay) ? |
| ORN (ASX) Chart |