Post by
nofluff on Jul 10, 2021 9:31am
bank of america
is calling for 2021 average copper price at 5.00. So we have to match to 5.50 for that to happen. Nameplate production should b about the same time.
That is well over a million gross per day. Lets say 200 million 2022 earnings.
If consolidated to 200 million shares that is 1.00 per share ebitda times 10 for a 10.00 or more sp equal to a dollar today.
Then we add the drill results.
nf
Comment by
Notgnu on Jul 10, 2021 9:52am
...and the already permitted open pit asset is an additional asset not factored into that price, so add another 30 to 50 cents if copper is at your price. N
Comment by
patchh on Jul 10, 2021 11:59am
and them Dmned wts get hung on the nearest tree....
Comment by
patchh on Jul 10, 2021 11:55am
BOA came out with this mumber in may.. same time T Dominion came out and said Cu ++ would correct going into end of second quaqtrer.. and yes they guys pushing those numbers looked like quantum mechanik math - maa - maticians ! they were the analys andy had on this BNN Market watch...