CYM 2.38% 4.3¢ cyprium metals limited

Updated figures*20,000tpa, with an ASIC of $1.91lb ($4210/t),...

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    Updated figures*

    20,000tpa, with an ASIC of $1.91lb ($4210/t), with the current copper price of $9,970/t, results in $115,200,000 USD ($155,382,000 AUD).

    Mind you, the plant capacity is supposedly 25,000tpa.

    So there's always the potential to increase production, which could result in $144,000,000 USD ($194,096,000 AUD)

    Now if I were to use the current Copper Cathode pricing from the Shanghai metals market, these figures grow further.

    Cathode trading at $11,206/t results in $139,920,000(20kt) and $174,900,000(25kt). $188,612,000 AUD or $235,764,000 AUD per year.

    But for a company trading at $107m (backed by $50m cash, $9.6m in free carried exploration, 100koz of gold, >1.3mt of copper, multiple exploration tenants, a 25ktpa plant, a 21MW gas turbine power station, a full heavy vehicle workshop and accommodation village, and a fully sealed all weather airstrip).... It's hard to fathom how investors can even think of selling this at 60 cents per share. Let a lone 20c per share. And lets just completely forget about the 40ktpa and 60ktpa upside potential.
    Last edited by Da12kl0rd: 15/10/21
 
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4.3¢
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4.2¢ 4.4¢ 4.2¢ $132.1K 3.119M

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