GREY:NEVDQ - Post by User
Comment by
Notgnuon Mar 25, 2021 6:33pm
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Post# 32883312
RE: COPPER WILL BE THE KING OF THE COMING COMMODITY SUPERCYCLE
RE: COPPER WILL BE THE KING OF THE COMING COMMODITY SUPERCYCLEThough git is reat info, this article obviously gets it's 8X price to forward cash-flow from the old data used in the 43-101 / presentation. NCU'S numbers on the underground alone will shred that but if you take forward cash-flow 3 or so years out, including the $800m to build out the entire 70,000 tpd open pit then it is just silly what NCU trades at now. Try putting a 13 X multiple (if a major were to partner with NCU) on 315 million pounds per year at about $2 cost (all in) per pound. At $4.00 copper that is 315 m X $2.00 X 13 = $8 billion / 2 billion shares would be $2.00 per share and double that again at $6.00 copper ($12,000 per ton.)
N.