GREY:NEVDQ - Post by User
Comment by
Notgnuon Mar 11, 2021 10:52pm
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Post# 32782812
RE:RE:Copper could go to $6.00 and if it does NCU could go to $2.0
RE:RE:Copper could go to $6.00 and if it does NCU could go to $2.0Of course if copper were to get to 6.00 in short order then the question is what would buyer and seller (Pala) agree on. In such a situation I could see a buy-out at around $2.00 CAD
Notgnu wrote: Quick calculation on $6.00 copper using a 6 X profit multiple Underground at nameplate: - 65m pounds /yr x $4.14 profit = $269 million X 6 multiple = $1.6 billion / 2billion shares = $.0.80 USD per share
Open pit: - 250m pounds /yr x $4.00 profit = $1.0 billion X 6 multiple = $6 billion / 2 billion shares = $3.00 USD per share
Added together = $03.80 usd per share = $4.77 CAD per share rockhound3 wrote: Just a question of when.
PH has a lot of copper ! As it gets measured so will the interest in the stock price!,
Stay tuned This company has a future !,
be carefull
stay safe
Rock