Candente trades 10 times undervalued to Peer Average Candente has been in a deep slumber for the last 12 years. This had mainly to do with the bear
market in the commodities sector.
The broader market has still not rediscovered Candente.
This will inevitably change as drilling activities begin and drill results are delivered.
In the long run, the market cannot ignore a 16,7 Billion p copper resource and maybe then a 20-24
Billion p copper resource over time. There just aren't that many of them in the world. The
Candentes deposit is already world class and after the drilling program it will probably advance from
the 10th largest copper deposit to the 5th largest copper deposit in the world. Every soccer fan
knows the 5 best soccer players worldwide. So every commodity investor will be able to list the 5
largest copper deposits.
Some see the copper price in 2024-2025 at USD 10-15,000 per ton. Some even see peak prices of
around USD 20,000 per ton. Such a price range is then like a catapult for the profit prospects and
thus also a catapult for the share price.
From my point of view, there is currently an extremely good timing to invest in and I say that as a
strategic investor (since 2006). I've been buying Candente for 17 years now.
Because according to the opinion of many raw material experts, there is most likely a copper super
cycle ahead of us, we are at the very beginning of it and are already sitting at 16,7 billion p copper
at DNT. We are 9x undervalued versus the peer group average. So if you want to drive in a
Tenbagger in the next 1-2 years, I think you should have the best chances with Candente.