RE:Firecracker - another one - Taseko TGBHi Alf,
Since you are asking about Copper, here is one for you to do your DD.
IVN has a copper mine in development with Chinese Partners in DRC. They have another 2 projects, one is precious metals in South African, another one is Zinc in DRC.
I have some position in IVN.
Ivanhoe Mines: T.IVN.
tiger
AlfTanner wrote: Taseko has the Gibraltar copper mine in Canada (75% owned). The annual production is around 130M pounds copper. The total cost is around $2.20 per pound. With $3.00 copper, profit should be $.80 per pound or about $104M per year.
The market cap is around $250M for a P/E of 2.4 at $3.00 copper.
Taseko also has the Florence development in Arizona. It is expected to produce 85M pounds copper per year at a cash cost of $1.13. It needs $227 million of CAPEX. The NPV is $670M. Construction in 2021.