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Capstone Copper Corp T.CS

Alternate Symbol(s):  CSCCF

Capstone Copper Corp. is a copper producer operating in the Americas. It is engaged in the production of and exploration of base metals in the United States (US), Mexico, and Chile, with a focus on copper. The Company, through a wholly owned Chilean subsidiary, Mantos Copper S.A., owns and operates the Mantos Blancos mine, located 45 kilometers (km) northeast of Antofagasta, Chile and the 70%-owned Mantoverde mine, through a subsidiary, Mantoverde S.A., located 50 km southeast of Chanaral, Chile. It owns and operates the Pinto Valley mine located in Arizona, US, Cozamin mine located in Zacatecas, Mexico, and has a portfolio of exploration properties in Mexico. It also holds the fully permitted Santo Domingo copper-iron-gold-cobalt development project in the Atacama region of Chile, 35km northeast of Mantoverde. Through Compania Minera Sierra Norte S.A., it owns 100% of Sierra Norte, an iron oxide copper gold deposit located in Chile's Atacama Region, that spans over 7,000 hectares.


TSX:CS - Post by User

Bullboard Posts
Comment by MoneyKon Jan 07, 2020 8:17pm
105 Views
Post# 30528636

RE:RE:Capstone running strong

RE:RE:Capstone running strongCapstone is on track to reduce cost by 20M per year.  That's a $0.05 gain per share.

Capstone wants to increase production 20% and decrease cost by 10% within the next 2 years.
That's a $0.10 gain per share.

Everytime copper goes up $0.25 they are making 40M more per year.  That's another $0.10 gain per share.

In the optics that the average selling price of copper is $0.25 more in 2020 vs. 2019, therefore around $2.90, the yearly EPS could increase by $0.25 total per share. 

EPS x5 = additional $1.25 to the 2019 floor price of $0.45 = SP at $1.70
EPS x10 = additional $2.50 to the 2019 floor price of $0.45 = SP at $2.95
EPS x 15 = additional $3.75 to the 2019 floor price of $0.45 = SP at $4.20

...and this does not include any upside coming from Santo Domingo.

IMO,

MoneyK




Bullboard Posts