OTCPK:CPPMF - Post by User
Comment by
WallyHuaon May 12, 2022 10:15am
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Post# 34677543
RE:RE:RE:RE:$1 within 12 months
RE:RE:RE:RE:$1 within 12 monthsi do not think Elon Musk will buy CMMC, but i think CMMC will sell itself at 2.xx in this year. The problem is the copper price is at historical high now, but compnay cannot make enough profit to support his dream, and want spend more money on EVA. If Copper price under $4, and EVA project is over time and over buget, they need to renew their $250M after 3-4 years, the interest rate will be 12-18%. even 20%, not 8% anymore. At that time, CMMC will go to 0.2x-0.5x.