Exactly, I think a very easy bull case to make is $5 copper to entice new projects to fill the coming deficit (could even go as far as $5.5 or $6)
But lets take $5 (not far above the ATH of $4.9 in 2021), we would be looking at a fantastic margin!
At an increased ASIC of $3 (our restart study said $2.8, so just added some for inflation), we'd have a margin of $2 USD
Our 25ktpa is 55 million lbs per year of copper plate
This gives us an EBIDTA of $110 Million USD per year, or $164 Million AUD per year...
PE of 10, thats $1.6 billion, or roughly 15 times the current price (about $2 a share)
Would be pretty damn nice!
- Forums
- ASX - By Stock
- CYM
- why CYM is a Billion $ company in the making
why CYM is a Billion $ company in the making, page-2936
-
- There are more pages in this discussion • 170 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CYM (ASX) to my watchlist
(20min delay)
|
|||||
Last
4.4¢ |
Change
0.002(4.76%) |
Mkt cap ! $67.08M |
Open | High | Low | Value | Volume |
4.1¢ | 4.4¢ | 4.1¢ | $164.2K | 3.856M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 867805 | 4.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.4¢ | 634685 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 837805 | 0.040 |
8 | 871560 | 0.039 |
3 | 425431 | 0.038 |
3 | 633784 | 0.037 |
6 | 561111 | 0.036 |
Price($) | Vol. | No. |
---|---|---|
0.044 | 396590 | 2 |
0.045 | 613823 | 5 |
0.046 | 1673866 | 7 |
0.047 | 461111 | 2 |
0.048 | 541111 | 2 |
Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
Featured News
CYM (ASX) Chart |
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online