Copper Mountain Mining Corporation T.CUM

Primary Symbol: CPPMF

Metals & Mining Copper

Copper Mountain Mining Corp is a copper producer, developer and explorer. Copper Mountain's flagship asset is the Copper Mountain mine located in southern British Columbia near the town of Princeton. The Copper Mountain mine produces over 90 million pounds of copper equivalent per year with a large resource that remains open laterally and at depth. The company also has the development stage Eva Copper Project in Queensland, Australia.

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Copper Mountain Mining Corporation > $8270 per tonne tonight

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Comment by Rational43on Feb 09, 2021 11:38pm

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Post# 32521638

RE:$8270 per tonne tonight

Eva NPV now greater than Copper Mountain's Enterprise Value.

A 10 PE multiple would lead to $8 in '21, a Capstone multiple of 13x would lead to $10 a share

I don't expect that, perhaps a humble 6x earnings, for a modest $4.80 to $5 a share, with growing production into 2022 with a fully completed mill expansion to 65KTPD.

They they can build Eva with 2022's cash flow, and a part of 2023's (Although Mitsibushi will likely buy in for 25% WI, put up about 40% of the construction cost to earn in)

By 2024 should be earning $2+ per share a year with the same share count and less debt that currently.

But I'm also the guy who thought people were dumb for selling at 90 cents a share in the fall, so I could be wrong.

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