CYM 2.70% 3.6¢ cyprium metals limited

My figures come out remarkably similar assuming a PE of 11;Bear:...

  1. 315 Posts.
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    My figures come out remarkably similar assuming a PE of 11;

    Bear: Copper is $3/lb... ASIC is around $2.50/lb
    MC = $330m

    Realist: Copper is $3.80/lb... ASIC is $2.25lb
    MC = $1,045

    Bull: Copper is $4.50/lb... ASIC is $2.00/lb
    MC = $1,683m

    The way I see it is simple; every dollar I put in now will at the very least triple over the next year or so. Not a bad rate of return given the potential upside. Of course there's the chance to 10+ bag if the price of copper is favourable.

    Currently, this is nothing more than a game of patience.
 
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