OTCPK:CPPMF - Post by User
Comment by
Rational43on Apr 19, 2021 1:10pm
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Post# 33022553
RE:I love it when a plan........
RE:I love it when a plan........Well at this copper price Eva's NPV is about $10 a share, and can easily be built 100% by CMMC with a nice strategic backing by their partners Mitsubishi Trading Corp, securing vital supplies of a critical metal for the future.
If CMMC wasn't producing any copper, they would be trading about $3 a share, on its way to $5 or $6 when Eva was ready.
Fair value based on the existing Copper Mountain EPS at 65,000 TPD probably $6 - $10, depending on your assumptions.
$10+ in a few years? If Goldman et al are right about $15,000 / tonne Cu, it will be.