Let's look at this very simply. Last year revenue was $309 million. The slide I'll focus on is the projected production measured in copper equivalents, This year 28kt @ $14,000/t -$15000/t gives a range of $392 million - $420 million. That's an increase between 26% and 35%. Then we slowly increase to 30kt, 33kt, 40kt. At 40Kt even at today's prices we get $560m - $600 million. If copper goes up a tad in price in 3 years we'll double revenue.
It looks to me a buy at 20c though I see the price is understandably moving upwards again.
It would be interesting to hear a comment from management.
Let's look at this very simply. Last year revenue was $309...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
19.0¢ |
Change
-0.010(5.00%) |
Mkt cap ! $321.5M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 20.0¢ | 18.5¢ | $1.294M | 6.796M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 27940 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.5¢ | 1376342 | 13 |
View Market Depth
| Last trade - 16.16pm 21/07/2025 (20 minute delay) ? |
| AMI (ASX) Chart |