We are all scratching our heads on the valuation. Hillside...

We are all scratching our heads on the valuation.

Hillside Copper Reserve 2.2m pounds CU , 823K OZ AU
Hog Ranch Resource 2.2m OZ AU
No Royalties held over the Current Copper or Gold Resources at Hillside and Hog Ranch.

Recent buy of Eva Copper by Harmony Gold up to US$230m should have RXM valued well over 50c imo.

Eva Copper Reserve 1.7m pounds CU , 520K OZ AU
There is a 5.3% to 5.8% NSR royalty which can be costly to buy back.

Dec 2021 project cost A$836m , id say add another 20 to 30% by the time its built. Its location is why its project cost will be high.

VANCOUVER, BC,Oct. 6, 2022/PRNewswire/ -Copper Mountain Mining Corporation(TSX: CMMC) (ASX: C6C) (the "Company" or "Copper Mountain") is pleased to announce it has entered into a definitive agreement with Harmony Gold Mining Company Limited (JSE: HAR) (NYSE:HMY) ("Harmony") to sell its wholly-owned Eva Copper Project and its 2,100km²exploration land package inQueensland, Australiafor total consideration of up toUS$230 million(the "Transaction").

Under the terms of the Transaction, Copper Mountain will receive the following consideration:

A.US$170,000,000in cash payable on closing of the Transaction;

B. Up toUS$30,000,000in cash, based on a contingent payment arrangement where Harmony will pay Copper Mountain 10% of the incremental revenue generated from the Eva Copper Project and the Australian exploration land package above the revenue assuming aUS$3.80/lb copper price; and

C. Up toUS$30,000,000in cash, based on a contingent payment arrangement where Harmony will pay Copper MountainUS$0.03per pound of contained copper for any SAMREC copper resource discovered and declared on a new deposit within the Eva Copper Project and the Australian exploration land package after the closing of the Transaction.