RE:Soon to come
Using $5.00 copper (with the warrants all excersised (giving us close to 2.3 billion shares) the underground mine running at full pace and producing steady state at 65 million pounds year and the future open pit running at 70,000 tons per day for about another 225 million pounds copper equivelant grade from the open pit (the difference from the presentation is in accounting for the PM's, in the open pit, that are not streamed or sold forward yet.)
Thus we get 70,000 TPD X .005 copper equivalent X 88% recovery X 2000 pounds per ton X 365 days per year = 225 million pounds plus the 65 million pounds from underground =
290 million pounds X ~ $3.00 profit (at $5.00 copper) = $870,000,000 free cash-flow per year.
$0.87 billion p/year cash flow X5 multiple = $4.35 billion / 2.3 billion shares = $1.89 USD p/s
$0.87 billion p/year cash flow X6 multiple = $5.22 billion / 2.3 billion shares = $2.27 USD p/s
$0.87 billion p/year cash flow X7 multiple = $6.09 billion / 2.3 billion shares = $2.65 USD p/s
$0.87 billion p/year cash flow X8 multiple = $6.96 billion / 2.3 billion shares = $3.03 USD p/s
$0.87 billion p/year cash flow X9 multiple = $7.83 billion / 2.3 billion shares = $3.40 USD p/s
$0.87 billion p/year cash flow X10multiple =$8.70 billion / 2.3 billion shares = $3.78 USD p/s
$2.36 CAD to $4.72 CAD
Datsun55 wrote: As soon as they post they are at full capacity I think the share price will be in the 20 cents range . Then with the new mine starting and if you beleave in copper going into the 5 dollar range or higher what do you see with ncu? I no what I see and its9all up from here. Look at everything else like lumber, up,up,up,up.
Using $6.50 copper ($13,000 per ton) with the warrants all excersised (giving us close to 2.3 billion shares) the underground mine running at full pace and producing steady state at 65 million pounds year and the future open pit running at 70,000 tons per day for about another 225 million pounds copper equivelant grade from the open pit (the difference from the presentation is in accounting for the PM's, in the open pit, that are not streamed or sold forward yet.)
Thus we get 70,000 TPD X .005 copper equivalent X 88% recovery X 2000 pounds per ton X 365 days per year = 225 million pounds plus the 65 million pounds from underground =
290 million pounds X ~ $4.50 profit (at $6.50 copper) = $1,300,000,000 free cash-flow per year ($1.3 billion)
$1.3 billion p/year cash flow X5 multiple = $6.50 billion / 2.3 billion shares = $2.83 USD p/s
$1.3 billion p/year cash flow X6 multiple = $7.80 billion / 2.3 billion shares = $3.39 USD p/s
$1.3 billion p/year cash flow X7 multiple = $9.10 billion / 2.3 billion shares = $3.97 USD p/s
$1.3 billion p/year cash flow X8 multiple = $10.4 billion / 2.3 billion shares = $4.52 USD p/s
$1.3 billion p/year cash flow X9 multiple = $11.7 billion / 2.3 billion shares = $5.09 USD p/s
$1.3 billion p/year cash flow X10multiple = $13.0 billion / 2.3 billion shares = $5.65 USD p/sUsing $6.50 copper ($13,000 per ton) with the warrants all excersised (giving us close to 2.3 billion shares) the underground mine running at full pace and producing steady state at 65 million pounds year and the future open pit running at 70,000 tons per day for about another 225 million pounds copper equivelant grade from the open pit (the difference from the presentation is in accounting for the PM's, in the open pit, that are not streamed or sold forward yet.)
Thus we get 70,000 TPD X .005 copper equivalent X 88% recovery X 2000 pounds per ton X 365 days per year = 225 million pounds plus the 65 million pounds from underground =
290 million pounds X ~ $4.50 profit (at $6.50 copper) = $1,300,000,000 free cash-flow per year ($1.3 billion)
$1.3 billion p/year cash flow X5 multiple = $6.50 billion / 2.3 billion shares = $2.83 USD p/s
$1.3 billion p/year cash flow X6 multiple = $7.80 billion / 2.3 billion shares = $3.39 USD p/s
$1.3 billion p/year cash flow X7 multiple = $9.10 billion / 2.3 billion shares = $3.97 USD p/s
$1.3 billion p/year cash flow X8 multiple = $10.4 billion / 2.3 billion shares = $4.52 USD p/s
$1.3 billion p/year cash flow X9 multiple = $11.7 billion / 2.3 billion shares = $5.09 USD p/s
$1.3 billion p/year cash flow X10multiple = $13.0 billion / 2.3 billion shares = $5.65 USD p/s