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?
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