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Capstone Copper Corp T.CS

Alternate Symbol(s):  CSCCF

Capstone Copper Corp. is a copper mining company. It owns and operates the Pinto Valley copper mine located in Arizona, United States of America, the Cozamin copper-silver mine located in Zacatecas, Mexico, and the Mantos Blancos copper-silver mine located in the Antofagasta region, Chile. It also owns 70% of the Mantoverde copper-gold mine, located in the Atacama region, Chile. In addition, it owns the fully permitted Santo Domingo copper-iron-gold project, located 30 kilometers (km) northeast of Mantoverde in the Atacama region, Chile, as well as a portfolio of exploration properties in the America. The Pinto Valley Mine is an open-pit, copper mine located in Arizona, United States of America. The Cozamin Mine is a copper-silver underground mine with a surface milling facility, located 3.6 km north-northwest of Zacatecas City, Mexico. The Mantoverde copper-gold mine consists of four pits situated along the Mantoverde fault, each of which contains both sulphide and oxide ores.


TSX:CS - Post by User

Comment by MoneyKon Sep 14, 2020 8:07am
165 Views
Post# 31551398

RE:RE:Congrats to all longs!

RE:RE:Congrats to all longs!*** Edit, had one number wrong ***


Simply, here's the way I see things.


2020:
  • 150Mlbs of copper, AIC around $2.50 US
  • with copper at $3.00 US
  • (($3.00 - 2.50US) * 150Mlbs) / 400M shares = $0.19 US x 5 (PE ratio) = share price of $0.94 US

2021:
  • 180Mlbs of copper, AIC around $2.25 US
  • with copper at $3.00 US
  • (($3.00 - 2.25US) * 180Mlbs) / 400M shares = $0.34 US x 5 (PE ratio) = share price of $1.69 US

2022:
  • 200Mlbs of Copper, AIC around $2.00 US
  • with copper at $3.00 US
  • (($3.00 - 2.00US) * 200Mlbs) / 400M shares = $0.50 US x 5 (PE ratio) = share price of $2.50 US

Not leveraging Santo Domingo, lots of upside still at current copper prices and that does not even consider the exchange rate which would add 30%-35% to the above figures.

Can anyone confirm this makes sense?

MoneyK
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